Arendt & Medernach is delighted to held a joint seminar organised in conjunction with the AMAC in Beijing.
In this session, fund experts from Arendt & Medernach in Luxembourg and Hong Kong will introduce you to various aspects of the European fund industry:
- the main European regulation for investment funds (UCITS and AIFMD),
- Luxembourg's role as themain fund domicile worldwide for cross-border fund distribution,
- the main structures available in Luxembourg
- the compatibility thereof with China outbound and inbound investment schemes.
The seminar will be divided in two parts:
Part 1 - An overview of the UCITS and AIFMD in EU
Part 2 - Chinese outbound and inbound investment schemes in Luxembourg funds
2016.04. 28 - Update and debrief following the seminar:
Arendt held another successful seminar with AMAC on European investment funds
Arendt & Medernach has held a seminar introducing UCITS and AIFMD to Chinese fund managers in Beijing on April 21st, 2016. The seminar was co-organized with the Asset Management Association of China (AMAC). Around 40 experts from various Chinese investment funds attended this session. Mrs. Ching Yng Choi, Head of Asia Representative Office of the Association of the Luxembourg Fund Industry (ALFI), gave her warm welcome remarks to all attendees.
Claude Kremer, Head of Business Unit Investment Management of Arendt & Medernach, provided an overview of the Luxembourg fund industry including the strong ties between Luxembourg and China. Claude also explained Luxembourg’s unique role as a fund domicile centre of UCITS for cross-border distribution worldwide.
Stephane Karolczuk, Head of Arendt & Medernach’s Hong Kong Office, briefly introduced each type of investment vehicles in Luxembourg, including regulated vehicles such as UCITs funds, Part II funds, SIFs, AIFs/RAIFs, SICARs and securitisation vehicles, as well as unregulated vehicles, typically, the SOPARFI. A detailed explanation on the set-up procedures and approval procedures of UCITS followed, together with a discussion regarding the possibility to use UCITS structures in conjunction with Chinese inbound investment schemes, in particular the QFII, R-QFII and Stock Connect.
In the end of the presentation,ClaudeandStephaneprovided an overall picture of alternative investment funds (AIFs) and the development of the EU directive known as the AIFMD. AIFMD is of particular importance for Chinese managers and companies willing to partner with EU based investors regarding certain investment project in EU or abroad.
Read the Chinese version here.
Should you want more information about this event, do not hesitate to contact our events team.