Asia fund managers mull Ucits and Sicav structures, says Apex

In light of the uncertainty over Europe’s alternative investment fund manager (AIFM) directive, fund-services companies are increasingly touting their wares to Asia-based asset managers that market funds to European investors. One such provider is Bermuda-headquartered Apex Fund Services. Having launched three Ucits and/or Sicav SIF-compliant platforms last year, the fund administrator hopes to sign up as many as five Asian fund managers following its first round of marketing. Indeed…