“Our AIFMD solution will be an infrastructure platform with distribution support but it absolutely won’t be an active distribution model; that’s a key differentiator for us,” Gavin Byrnes (pictured), Head of Business Development UK, UBS Fund Services, states emphatically. UBS
Regardless of whether a hedge fund manager has an AIF, a UCITS fund, or one of each, the end objective is the same: to improve their capital raising opportunities in Europe. This is all well and good, but for non-EU
“The issue is one of insourcing versus outsourcing,” says Alan Picone (pictured), Managing Director at Kinetic Partners (Luxembourg), when discussing which operational model to pursue under AIFMD. Making the plunge to become an independent AIFM is a big ask for
Joe Truelove, Director of Carey Group, explores how capital markets are once again playing a more important role in oiling the wheels of the global economy. Capital markets are where corporates go to raise equity or debt finance. There is
The Swiss banking group SYZ & CO has launched OYSTER Flexible Credit, a new sub-fund of its Luxembourg Sicav, employing a credit strategy combining European corporate bonds with flexible market exposure hedging. The annualised return objective is eight per cent
An overall shortage of collateral is unlikely despite new global regulatory obligations and tighter risk controls mandating increased collateral requirements, but access to collateral could become a challenge as firms seek wider sources of liquidity and assets. That’s according to
Hedge fund redemptions for June will total 4.80 per cent, according to the SS&C GlobeOp Forward Redemption Indicator. "In line with semi-annual patterns, forward redemptions increased for the month of June, with the majority of activity falling in the under
Intercontinental Exchange has set the initial public offering (IPO) price of the ordinary shares of Euronext at EUR20.00 per share valuing the pan-European exchange group at EUR1.4 billion. Euronext’s ordinary shares will be listed and admitted to trading under the
A total of 72 per cent of European capital market participants believe that there is not sufficient transparency in the European fixed income markets today. That’s according to a survey of approximately 200 senior buy- and sell-side market participants conducted
Changing financial rules and regulations are the most pressing issue on the minds of almost half (47 per cent) of the Chief Financial Officers at US hedge funds, according to a poll by execution broker and research provider ITG. The
