In order to tap into fresh sources of capital, non-U.S. fund managers are looking to the U.S. to distribute investment strategies. This raises many issues: choosing the right vehicles for the job, regulatory considerations, and more.
The largest and most familiar U.S. market is the registered mutual fund. Other vehicles include bank maintained funds and unregistered vehicles such as group trusts, LP/LLCs, and Statutory Business Trusts. How does an adviser decide the best vehicle to meet the objective of growing assets while maintaining a budget?