Last year, 26 out of 32 specialised funds, designed to invest in small and mid-sized enterprises (SMEs) and provide a much-needed alternative source of funding, launched to invest in Europe. This would suggest that Europe represents a significant opportunity for
Two-thirds of top-tier financial institutions have established reconciliation centres of excellence (CoE) following a recent wave of consolidation of the reconciliation function within these institutions, according to a study by SunGard and Aite Group. Compliance requirements continue to place pressure
The mutual fund that helped launch the liquid alternatives product category, IndexIQ’s IQ Alpha Hedge Strategy Fund, is celebrating its sixth anniversary. The fund was the first no-load, open-end hedge fund replication mutual fund. “The launch of the IQ
Fiona Le Poidevin of Guernsey Finance explains how Guernsey remains the ‘go-to’ jurisdiction for domiciling private equity funds. As a jurisdiction, Guernsey has become synonymous with private equity. There are in the region of 850 Guernsey domiciled investment funds
Hedge fund firms and other alternative asset managers are playing an increasingly important role in financing the economy, according to a new paper published by the Alternative Investment Management Association (AIMA). The paper says that private debt funds such as
Sapient Global Markets has published a white paper which examines collateral management trends and their effect on firms’ systems and processes. The paper, “Bringing Efficiency to Collateral Management”, discusses how and where firms must deliver greater efficiency in order to
By Dr Christopher Buttigieg and Dr Isabelle Agius, Malta Financial Services Authority – This paper attempts to summarise the legislative framework adopted in Malta for the implementation of the Alternative Investment Fund Managers Directive (‘AIFMD’). Malta is considered a European domicile of
Total global hedge fund industry capital rose to the 11th consecutive quarterly record level in Q2 2015, according to the latest HFR Global Hedge Fund Industry Report. Investors allocated USD21.5 billion in net new capital to hedge funds in Q2
By Olivier Sciales, Chevalier & Sciales – As, after more than four years of preparation, the European Union’s Alternative Investment Fund Managers Directive takes full effect for existing managers, Luxembourg finds itself in the position it wanted to be in –
By Donnacha O’Connor, Dillon Eustace – The Irish AIFMD rules – The Irish Minister of Finance signed the European Union (Alternative Investment Fund Managers) Regulations, 2013 into law on 16th July, 2013. These regulations transposed Directive 2011/61/EU into Irish law with substantially no
