The Irish funds industry may have some catching up to do in the private funds space, but as the government gears up to introduce a refreshed Investment Limited Partnerships Act, the jurisdiction is expected to see an influx of managers
The hedge fund industry has welcomed a decision by the European Union to remove the Cayman Islands – a major offshore domicile for the global hedge fund industry – from a tax haven blacklist. The Alternative Investment Management Association, the
The Alternative Investment Management Association (AIMA) and Alternative Credit Council (ACC) have welcomed the publication by the European Commission (EC) of the Capital Markets Union for people and businesses-new action plan (the CMU Action Plan). AIMA and ACC say their
By Arne Bolch, GSK – On 1 August 2016, the Luxembourg Act on reserved alternative investment funds (RAIF), entered into force. It allowed for the setting up of RAIFs, with their defining feature of indirect supervision by their AIFM rather than direct
In 2013, at the time the AIFM Directive was introduced, Luxembourg’s lawmakers took the opportunity to revamp the two existing limited partnerships with legal personality – the partnership limited by shares (SCA or société en commandite par action) and the
Unless you’ve been on Mars for the last 12 months, you will be only too aware of the chaos that has been uncorked following the UK’s decision, in June 2016, to leave the European Union. A seminal moment in European
By Jean-Florent Richard (pictured) & Pilar de Terry – Next year sees the introduction of two major pieces of regulation both of which will have implications for how asset managers distribute their investment funds across Europe. Simply put, MiFID II
Luxembourg will always be a very heavily regulated jurisdiction. When the Alternative Investment Fund Managers Directive was introduced in 2011, the Grand Duchy was well prepared in advance of this new post-financial crisis environment of global regulation. “I believe
Rather than taking a short-term reactive approach to coping with regulatory change, and the inevitable reporting/data management task that comes with it, asset managers would be best advised to step back and think more long-term. That’s the view of Lee
Key findings from Swiss exchange SIX’s survey of Traders include the fact that 88 per cent of traders have seen a shift from active towards passive investing and 72 per cent expect the level of passive investing to rise further
