Positive signal for the Swiss fund centre: L-QIF in force

Switzerland is becoming more attractive to fund investor (photo istock)

From 1 March 2024, qualified investors have a new option for investing in Switzerland. The federal government has enacted the legislation approved by Parliament to introduce the new fund category Limited Qualified Investor Fund (L-QIF).


The introduction of the L-QIF strengthens the innovative capacity and attractiveness of the Swiss fund centre and contributes to the added value of Switzerland as a location for asset management.

In December 2021, the Swiss parliament decided to amend the Collective Investment Schemes Act and thus introduce the L-QIF. These are collective investment schemes that are exempt from the authorisation and approval requirements of the Swiss Financial Market Supervisory Authority (FINMA). The L-QIF is only available to qualified investors and must be managed by institutions that are supervised by FINMA.

The amendment to the Collective Investment Schemes Ordinance defines the implementing provisions for the L-QIF.


More information: Federal Council puts legal basis for new L QIF fund category into force (admin.ch)