AIFMD is the Alternative Investment Fund Managers Directive s an EU directive that looks to place hedge funds, private equity and any other alternative investment firms into a regulated framework. This regulates and monitors activity and the UK has implemented this from 2013.

UCIS is Unregulated Collective Investment Scheme, essentially a shared investment scheme, a fund that several people contribute to, sometimes referred to as pooled investment. A fund manager will invest the pooled money in one or more types of asset, such as stocks, bonds or property. This can include Limited Partnership, Limited Liability Partnership or Trust.

Rackshaw & Lemming can advise in either Investments to find what is the best route for you.

Family Limited Partnership which is controlled by members of the family. An FLP consists of two partners, general and limited. Families may use this service for planning inheritance tax.
Rackshaw & Lemming would advise the use of one and can advise the best way forward.The FCA (Financial Conduct Authority) is one of the UK’s independent financial regulators. They have the power to make and enforce to make rules and regulations that will protect consumers.

Rackshaw & Lemming suggest that further information should be sought so our clients are fully aware of their rights.

Rackshaw & Lemming do not directly offer either of these but we can point you in the right direction. We ourselves have worked with trusted advisors and professionals in the field and will be more than happy to introduce you to them should you wish.

If we haven’t answered your query or your still unsure, please get in touch at or call us on 0203 4449911.

Yes. We are here to give you the best advice for your funds. We don’t supply fund valuations but can give the latest accounts so you can make an informed decision.