CACEIS sponsors a "working breakfast" of the European Institute of Financial Regulation on Wednesday, May 12, 2010 at the Palais Brongniart.

With the support of CACEIS, EDHEC-Risk presents the first results of a study conducted as part of the EDHEC-Risk research chair sponsored by CACEIS on "Risk and Regulation in the European Fund Management Industry ".

During this presentation, Samuel Sender, Director of Research at EDHEC-Risk Institute, will speak on the topic "Hedge Fund-UCITS: an alternative to AIFM?".
After an introduction by Jean-Marc Eyssautier, Chief Risk and Compliance Officer at CACEIS, Samuel Sender will explain whether the structuring of hedge-fund strategies in sophisticated UCITS funds meets the needs of investors, or whether this is due to inconsistent regulations.
The issues for depositories raised by these “hedge-fund UCITS” are also reviewed.

This intervention is based on a survey of 437 hedge fund managers, their service providers and their investors, and whose objective was to gather their views on the structuring of hedge-fund strategies into UCITS funds.
The first results are included in the press release issued on Monday, May 10th (Read the press release).
This survey has been the subject of a publication entitled "Are Hedge-Fund UCITS the Cure-All?" downloadable here.