Since releasing the first edition of our Fund Domiciliation Report in 2020, the regulatory landscape has continued to evolve at pace. We have therefore worked on an updated version that aims to provide fund managers with a composite overview of the most popular jurisdictions for alternative funds, to help guide them in this crucial selection process.
The alternative asset management industry has been growing strongly, and this is obviously good news for the jurisdictions that house alternative funds. Forecasts, such as those by Preqin, suggest that growth will continue over the next five years – and, indeed, may well even grow stronger.
In the past, fund domiciliation decisions were predominantly influenced by factors such as the reputation of a jurisdiction, investor sentiment, set-up timelines and processes, regulations, costs, and the quality of the service providers. When writing our 2022 report, we’ve also taken into consideration additional aspects, such as Base Erosion and Profit Shifting (BEPS), the current geo-political situation, and the drive to introduce local economic substance requirements for companies’ tax residency.
Domicile decision-making in the alternative funds space has entered a new era of geographic challenges and opportunities.
We would like to thank IFI Global for all their support in this endeavour, and we hope that alternative fund managers will find the latest version of our Fund Domiciliation report useful as they narrow down the domicile that most suits their funds’ requirements.