The AIFM Directive may not be universally welcome but with greater focus being applied to compliance and operational risk oversight within the fund management industry, it is at least ensuring a new breed of higher quality fund manager; which for
Recent research by the Institutional Limited Partners Association (ILPA) has highlighted growing discontent with the implementation of the Alternative Investment Fund Managers Directive (AIFMD) within the European Union (EU). Though the legislation set out to enhance oversight and standardise regulation
Cordium, one of the industry’s leading regulatory and compliance firms, has devised a new offering for the European market to help managers overcome the marketing challenges of AIFMD. Entitled the Cordium Total AIFM Solution (CTAS), the objective is to establish
Last May, MS Management Services SA, a Luxembourg-based subsidiary of the Maitland group, received authorisation from the CSSF to act as a third-party AIFM to alternative investment funds. At the same time, it established its own umbrella fund platform, MS
BNP Paribas Corporate & Investment Banking (BNP Paribas) has appointed Stephen Hale, as Head of Hedge Fund Relationship Management Europe, further strengthening the bank’s European coverage of hedge funds. Hale joined the Investor Relationship Management team in London at
Euronext has signed a license agreement with the Johannesburg Stock Exchange (JSE) providing the JSE with the right to list the flagship Milling Wheat contract currently traded on Euronext. The aim of the agreement is to extend access to
Ask any AIFM what the key regulatory challenge is under AIFMD and the response is unanimous: Annex IV reporting. The first deadline, 31 January 2015, has passed. But there are still many points to clarify on a substantial transparency report;
Cordium, a provider of compliance consulting, accounting, tax and software, is partnering with financial services technology specialist Indus Valley Partners (IVP) to help clients meet the Alternative Investment Fund Managers Directive’s (AIFMD) stringent Annex IV reporting requirements. The solution already
Volant Trading has expanded execution services for options traders with advanced order routing capabilities and availability through the REDIPlus Execution Management System. The execution services division of Volant Trading, now called VOLEX Execution Services, is using specialised knowledge of the
Carey Olsen senior associate David Crosland (pictured) was called to the Guernsey Bar last month having passed his Bar exams to become an advocate of the Royal Court of Guernsey. Crosland is a member of Carey Olsen’s corporate group where
