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{{ | {{anat|UCITS}} | ||
===Not to be confused with AIFs=== | ====Not to be confused with AIFs==== | ||
''Compare and contrast '''[[alternative investment fund]]s''' which are regulated under {{tag|AIFMD}}, which are professionals-only funds (hedge funds etc). The regulations are in some ways converging, but there are still a lot of qualitative differences in the types of risks that an [[AIF]] can take compared to a {{tag|UCITS}}.'' | ''Compare and contrast '''[[alternative investment fund]]s''' which are regulated under {{tag|AIFMD}}, which are professionals-only funds (hedge funds etc). The regulations are in some ways converging, but there are still a lot of qualitative differences in the types of risks that an [[AIF]] can take compared to a {{tag|UCITS}}.'' | ||