KYC/AML, alternatives may impact Raif registrations
Has growth in new registrations of Reserved Alternative Investment Funds, known as Raifs, in Luxembourg peaked? As Investment Officer readers have noted, growth tailed off in February and March. Marc Kriegsmann, Raif market specialist at leading Luxembourg Raif issuer Hauck & Aufhäuser, said the dynamic in the Raif market may be affected by increasingly stringent risk control processes and the presence of suitable alternatives.