Hedge Funds Adopt Wait-And-See Approach

Hedge funds in the U.S. and Europe are adopting a wait-and-see approach to fulfill legal, compliance and regulatory requirements. Hedge fund managers highlights Deutsche Bank AG (NYSE:DB) (ETR:DBK) (FRA:DBK)’s Hedge Fund Consulting Group recent survey on European and U.S. hedge fund managers highlights that hedge funds are adopting a wait-and-see approach toward complying with the Alternative Investment Fund Manager Directive (AIFMD), with 82 percent of European managers intending to delay registration until 2014. Compliance extracts increasing time from COOs According to the Deutsche Bank’s survey, among the managers surveyed, globally COO’s spent nearly 50 percent more time to comply with…