Thanks for your feedback. In this particular case the Fund Vehicle (AIF) itself is domiciled in a jurisdiction friendly to retail focused collective investment schemes. The Investment Manager (AIFM) is in the UK. Together they are regulated by the FCA and MFSA and have a passport to market across the EU.
I am not sure how that applies to referrers, which is a good point that you bring up. Thanks for the feedback. If you have any other thoughts please don’t hesitate to contribute.