There might be some signs of fatigue in new launches of sophisticated funds for wealthy investors, going by the fewer number of new funds registered over the past four months.
Seventy-nine new alternative investment funds (AIFs) were registered between March and July 2019, but this dropped 45.6 per cent to 43 over the corresponding period in 2020, shows an analysis of regulatory data. The date of validity of the registration has been considered for slotting funds by month for the analysis.
August has seen four new funds with around 10 days to go. This would be the lowest in 58 months.
Covid-19 is