EUROPE - The implementation of the Alternative Investment Fund Managers (AIFM) directive in its current format is set to cost the European Union 0.1% to 0.2% in annual GDP growth, a study by Europe Economics has revealed.
The Ex ante evaluation of the proposed AIFM report - commissioned by the European Parliament - also found there would be a short-term rise in unemployment of 0.8% of current employment as the AIFM ...
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