By Robert Higgans (pictured) & Clare Farrugia, MFSA – Since the end of the transition period applicable to Alternative Investment Fund Managers (AIFMs) that were undertaking activities before the coming into force of the AIFM Directive on 22 July 2013, a clearer
Houlihan Smith has appointed Tom Kornmeier as a managing director in its New York office.
Cedrus Investments has appointed Paul Jackson as chief investment officer.
Dallas-based investment management firm Highland Capital Management is now compliant with the Global Investment Performance Standards (GIPS) and has been independently verified for the period of 1 January 2009 to 31 December 2013. The GIPS standards are a rigorous set
For emerging managers, the fact that Malta retained its PIF regime alongside the new AIF fund regime means that a number of fund structuring opportunities now exist. The most popular option, to date, has been for managers to register with
The international arm of RBC Wealth Management has appointed Wasim Afzal as a manager in structured notes and fixed income, advisory. Afzal will be responsible for developing RBC Wealth Management’s structured notes offering for its high net worth and ultra
Retaining its Professional Investor Funds (PIF) regime is possibly the single biggest development for Malta in recent memory. The island is now home to over 600 MFSA-authorised hedge funds and whilst a number of those are now being transitioned into
National Futures Association (NFA) has taken an emergency enforcement action against commodity trading advisor and commodity pool operator Nord Capital Advisors and company principal Yakov Shlyapochnik. NFA has taken the Member Responsibility Action (MRA) and Associate Responsibility Action (ARA), effective
Lyxor Asset Management, now a fully licensed alternative investment fund manager (AIFM), has launched two AIFMD compliant funds of managed accounts. The Lyxor Diversified Fund (LDF) and the Lyxor Focus Fund are liquid, multi-strategy funds invested across the hedge funds
“What we are seeing under AIFMD is increased interest in asset managers using Malta as a domicile for the setting up of AIFMs,” observes Kenneth Farrugia (pictured), Chairman of FinanceMalta. He continues: “Over the past ten years, the MFSA has
