``Hedge funds managers are looking to create EU-domiciled hedge funds to complement their offshore funds, according to new research... a quarter (24%) of hedge fund managers have already re-domiciled offshore hedge funds to an EU domicile while 27% are considering to do so in the future, according to a report by RBC Dexia Investor Services and KPMG... The research also showed that alternative structures such as Irish qualified investor funds (QIFs) and Luxembourg specialised investment funds (SIFs) are becoming more popular than the UCITS structure, where 77% of managers considering to set up an onshore structure in the future say they would prefer QIFs and SIFs instead of UCITS funds.''

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