Specialist Fund Market - FAQ detail


Question
Why is the Specialist Fund Market the premier choice?

Answer
  • access to a public capital market dedicated to alternative funds and associated investors
  • access to Europe's deepest capital pool
  • access to an efficient secondary market through a combination of our trading systems and associated Market Maker support (a model not replicated in Europe)
  • a choice of settlement venues, although CREST is standard
  • the cachet & profile of a London quotation - important in attracting global investors
  • access to London’s analyst and corporate broking communities: factors that facilitate liquidity and support valuations (the most robust system in Europe)
  • access to an effective 'back office' model in London and the Channel Islands with regard to services such as registrars and paying agents
  • potentially more transparency for the fund in terms of identifying shareholders, in the settlement chain (less ‘layering’ of custody) and in terms of trading patterns
  • the ability to decide whether or not to select a third party sponsor
  • no additional requirements beyond those set by European regulations for fund disclosures (e.g. no regulatory requirement to operate a website and publish monthly NAV for the fund)
  • no need for the fund to seek separate authorisation for sale (other jurisdictions may require separate licensing of the fund)
  • a collaborative regulatory approach and system in London.

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