The latest in funds and investments in Europe, Middle East and Africa.
Quaero Capital (Luxembourg), the Luxembourg-based entity of Swiss asset management group QUAERO CAPITAL, has won regulatory clearance to distribute units of unregulated collective investments. The approval took effect from the start of this year.
Permission was given by the Ministry of Finance of Luxembourg and the Commission de Surveillance du Secteur Financier.
This approval, along with the European passport, allows the firm to market funds and strategies to institutional investors and distributors in EU countries where the group is not present. France and the United Kingdom are covered by Quaero Capital (France) SAS and Quaero Capital LLP respectively.
Besides Luxembourg and Switzerland, the sub-funds of Quaero Capital Funds (Lux) are already registered for sale in Germany, France, the UK, Belgium, Sweden, Italy, Spain and Singapore.