Despite the so-called uniformity of the EU, the pan-European Alternative Investment Fund Managers Directive (AIFMD) is still being interpreted and applied by individual EU Member States. In theory it is meant to act as a standard framework to oversee the
Much is made of '40 Act alternative mutual funds but with their myriad investment restrictions and daily liquidity provisions, the lesser-known registered private fund could be a more compelling proposition for hedge fund managers. This is the view held by
By Scott Price, Maitland – It is fair to say that regulatory fatigue has set in when it comes to the European Union market. This has been brought about in particular by the Alternative Investment Fund Managers Directive (AIFMD). Yet
Service providers are becoming more of a strategic partner to their hedge fund clients as they look to provide a suite of services that go beyond a single solution proposition. In the past, an administrator's primary function was to strike
Marcum has expanded its hedge fund servicing operations in Europe with the launch of Marcum RBK (Ireland) in Dublin – a joint venture with Russell Brennan Keane (RBK), an independent accounting and business advisory firm in Ireland. The new venture
The introduction of a “regulatory sandbox” to enable businesses that provide virtual currency exchange services to experiment and test new products and applications in Jersey under light-touch regulation have been welcomed by Ogier's intellectual property, tech and digital team. Changes
SteelEye, a compliance technology and data analytics firm, has partnered with Margin Reform, a management and information technology consultancy in the margin, collateral, and legal space, to support the consultancy’s clients with compliance and regulatory reporting solutions. Margin Reform will offer
Latitude Investment Management (Latitude), an investment management firm recently founded by Freddie Lait (pictured), has launched it first fund, The Latitude Horizon Fund, which will spin out of Odey Asset Management in early November. The Latitude Horizon Fund (UCITS V)
RiverNorth Capital Management has launched the RiverNorth/DoubleLine Strategic Opportunity Fund, a closed-end fund that opportunistically invests in fixed income securities and tactically invests in closed-end funds. The fund debuted on 28 September on the NYSE under the symbol OPP.
Abacus Group, a provider of hosted cloud IT solutions for alternative asset funds, has reported year-on-year growth of over 30 per cent up to the end of the third quarter of 2016. The company’s employee count also exceeded 100 as
