Royal London Asset Management has selected the Confluence’s Unity NXT AIFMD Annex IV transparency reporting solution to support the company’s growing alternative investment fund business. The Alternative Investment Fund Managers Directive (AIFMD) regulation covers hedge funds, private equity, real estate
By George Ralph, RFA – A recent study by Watchguard Technologies of 1,600 organisations also found that only 10 per cent believed they were 100 per cent prepared for the regulations to pass into law. That’s 90 per cent who
Global investment research platform Alphametry has launched a comprehensive research management solution for the buy-side. Alphametry Investor will provide all asset managers, regardless of their size, with the benefits of a powerful, cloud-based solution enabling them to manage all their
Global securities firm RBS Securities is to pay a USD35 million penalty relating to the company’s fraudulent trading through its now-defunct US Asset-Backed Securities, Mortgage-Backed Securities and Commercial Mortgage-Backed Securities Trading group. The penalty is part of a non-prosecution agreement
The US Securities and Exchange Commission has announced a 30-month period of ‘temporary relief’ from new European Union investment research rules due to be introduced under MiFID II on 3 January 2018. The move, which comes following consultation with European
By Chris Tiscornia (pictured), CEO, Cowen’s Westminster Research Associates – MiFID II 1 is right around the corner and many asset managers are still scrambling to implement processes that will be compliant with its research unbundling requirements. As the buy-side
The greatest challenges facing fund managers are the accumulating operational burden of escalating costs, stringent regulatory requirements and complex data management, according to Broadridge. Managing these operational variables, especially the complexity of assets that sophisticated funds typically hold within their
New York Attorney General Eric T Schneiderman has announced a USD220 million, 45-state settlement with Deutsche Bank for fraudulent conduct involving the manipulation of US Dollar (USD) LIBOR (the London Interbank Offered Rate) and other benchmark interest rates. Benchmark interest rates
Forty-five per cent of European fixed income heads are still struggling with MiFID II compliance, despite the 3 January implementation deadline looming large, according to a new report: “On the precipice: Are you ready for MiFID II?”, by the Fixed
GAM is to use Red Deer’s MiFID II research valuation solution to consume and value research so that it can be paid for independently from trade execution, in compliance with the MiFID II regulations that come into effect on 3
