By Vanessa Molloy and Chiara Deceglie of Harneys Last month, the European Parliament adopted the final text of the Directive amending (amongst others) the Alternative Investment Fund Managers Directive (the Amending Directive). This European Union law applies to the financial regulation of hedge funds, private equity funds and other alternative investment funds in the EU. The stated […] Read more »
Current UK Legal and Regulatory Issues for US Fund Managers
From Claire Cummings, of Cummings Law Introduction The two major topics for US managers wishing to manage or market funds in the UK from a legal and regulatory perspective are currently MiFID II and the AIFMD. Although the rules of both Directives generally apply to EU managers based in the EU, they are likely […] Read more »
Marketing Hedge Funds in Switzerland – a Swiss Representative’s Experience
By Anne-Cathrine Frogg Spadola, Managing Partner at Hugo Fund Services SA On June 5 2014, we contributed an article to Hedge Fund Insight: “The New Rules For Distribution of Funds in Switzerland.” Thirteen months later it is interesting to take a look at how the new Swiss rules have been adopted by market […] Read more »
Top Alternative Investment Trends for 2015
By David Frank, CEO & Managing Partner, Stonehaven, LLC Over Stonehaven’s 14 year history we have witnessed and played a role in many shifting dynamics across the alternative investment industry. We are well-positioned in the marketplace to see trends with a 26 person platform representing over 20 asset managers to the global investment community. […] Read more »
Today’s Top 5 Compliance Issues For Hedge Funds
By Martin Herriot, Managing Director at Newgate Compliance It has been a challenging few years for the European hedge fund industry following the financial crisis and the European regulators attempts to revolutionise the regulatory regime for supervising the industry. From a UK compliance perspective we see the top issues falling under two headings – […] Read more »
An Operating Model For An AIFMD Depositary
By Shane Brett of Global Perspectives and Alan Meaney of Fund Recs Introduction This whitepaper is co-authored by Shane Brett, Managing Director at Global Perspectives, an Asset Management and Hedge Fund consultancy and Alan Meaney, Director at Fund Recs, a specialist software provider to the Funds Industry. During the past six months Shane and […] Read more »
The New Rules For Distribution of Funds in Switzerland
Anne-Cathrine Frogg Spadola, Partner at Hugo Fund Services SA The main changes following the revision of the Swiss Law with a focus on distribution targeting qualified investors The Swiss law on Collective Investment Schemes (CISA) has been revised and came into effect in March 2013. The objective of this revision was to adapt […] Read more »
The Hedge Fund HOT 100 2014
By Staff Writers of Hedge Fund Insight, led by Simon Kerr Welcome to the second edition of The Hedge Fund Hot 100. As last year the aim is to capture what is emerging and trending and growing in the hedge fund industry. The absolute is interesting, and it is covered elsewhere in […] Read more »
Depositary-lite and the challenge of implementation
From Grant Thornton Under the requirements of the AIFMD, UK and other EU hedge fund managers that wish to market their non-EU, offshore hedge funds to EU investors through private placement, will need to comply with the “depositary-lite” regime. The depositary-lite regime requires one or more firms to be appointed to perform a number […] Read more »
FCA Rules Sensibly On Capital Requirements Under The AIFMD
From Kinetic Partners Andrew Lowin , Technical Director of Consulting at Kinetic Partners, the global professional services firm, comments on the FCA’s decision to give UK AIFM’s a reprieve on capital requirements under the AIFMD; “The FCA has been working with the AIFM industry to better understand the impact of their Funds Under Management […] Read more »