L-QIF as a beacon of hope for local fund industry
B2B Swiss magazine for collective investments and pension solutions: New legal forms for collective investments
In our fund industry, too, the following applies: a successful future is built on innovation, constant renewal and progress. Regulatory framework conditions play a not insignificant role in this. First of all, the focus is on the legal forms available in each case in order to be able to realise new investment approaches efficiently and promptly. The choice of legal structure within a particular fund domicile determines success or failure. Why this is so and what it depends on will be discussed below. Regulators are also increasingly willing to create regulatory conditions that are up-to-date and in line with technological possibilities; the authorisation of Reserved Alternative Investment Funds (RAIF) and of European Long-term Investment Funds (ELTIF) in Luxembourg and the counterpart to the RAIF in Switzerland, the so-called Limited Qualified Investor Fund (L-QIF; in preparation), are important milestones on the way to a progressive and client-oriented fund world.
The following experts made themselves available for the expert discussion, which can also be downloaded as a PDF (only available in German): Eugène Del Cioppo [UBS Fund Management], Patrick Moser [AvelaLaw], Simon Schären [AMAS], Andreea Stefanescu [Solufonds] and Ralph Warth [CS Funds].