Managers overlook postponement of AIFMD passporting

The European financial watchdog’s latest decision over passporting has not had the expected impact on Asian alternative fund managers. The recent decision has pushed back the timetable for a final outcome over the extension of the European passporting regime for Asia-based fund managers. But lawyers have said that hedge fund managers have been using alternative methods to access Europe anyway, meaning passporting was not such a priority for them. Under the alternative investme…