The European Life Settlements Association has launched a code of practice designed to increase protection for investors in the expanding asset class of life settlements. The publication of the code comes at a time of controversy for life settlements, which
The number of candidates for the examinations leading to the Chartered Alternative Investment Analyst designation has more than doubled last year. A record 800 pro
The “patchwork quilt” of regulatory requirements resulting from European Union member states exercising discretion under the Alternative Investment Fund Managers Directive is likely to deter many non-EU firms from operating in the market – but that need not be the
Law firm Walkers’ hedge fund team has been named top provider of offshore legal services by readers of Hedgeweek, one of the key publications serving the hedge funds and alternative investment industry. On 1 March, the magazine announced that its
The founding partners of Orical have launched Reliance Hub, which assists private fund managers and other companies in maintaining compliance and operational programmes that represent industry best practices. Romulad Beneche, formerly of Citigroup Fund Services, has been hired as a
The Cayman Islands Monetary Authority (CIMA) has given the stamp of approval to Cayman’s newest independent director services provider, Fund Fiduciary Partners. Launched by hedge fund industry specialists Michael Pearson and Chris Rowland, Fund Fiduciary Partners is aiming to address
BNY Mellon has launched a new service for fund managers that helps them identify, aggregate and manage the regulatory reporting requirements of the Alternative Investment Fund Manager’s Directive (AIFMD). Under AIFMD, alternative investment fund managers (AIFMs) must file a specifically
The Hedge Fund Standards Board has signed up 10 more hedge fund managers to its standards of best practice and says that including the board’s 14 original members, its signatories now acco
Last week, the temporary ban on short selling US financial stocks implemented by the Securities and Exchange Commission came to an end, greeted by a general consensus that it added to mark
A European Parliament paper on regulation of the alternative investment industry, which had included controversial measures such as the forced disclosure of directors’ remuneration, corpor
