AMWatch

Danish lawmakers pave way for new alternative investment funds

Two new types of Danish alternative investment fund are expected to come into being when Denmark's parliament meets this Tuesday to pass a new bill.

New legislation is on its way in Danish financial business act | Photo: Colourbox

The Danish financial scene is set for the debut this week of two new types of alternative investment fund: an alternative investment fund with variable capital -- a so-called AIF Sicav Fund, and an alternative value fund -- an AIF Securities Fund.

As opposed to existing Danish capital associations (Kapitalforeninger), the new alternative investment funds are not restricted in the type of financial instruments they may invest in.

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