The US-based hedge fund industry body, the Managed Funds Association, has submitted responses to the best practices reports released in April by the asset managers’ and investors’ committe
The National Investor Relations Institute, the largest association of public company investor relations professionals, says a significant majority of members responding to a recent surv
Conyers Dill & Pearman has advised the first Class A Exempt Fund to be registered in Bermuda under the new funds regime. The Investment Funds Act 2006 was amended in October 2013 to introduce two new fast track categories of
The US Securities and Exchange Commission has issued a new Guidance Update – “Private Funds and the Application of the Custody Rule to Special Purpose Vehicles and Escrows.” According to Cordium, this regulatory update is relevant to certain registered investment
SS&C GlobeOp has obtained Financial Conduct Authority (FCA) approval for its Depositary “Lite" service offering. The recently launched service helps managers of non-EEA AIFs in fulfilling their Alternative Investment Fund Manager Directive (AIFMD) requirements. SS&C will help managers comply
SS&C GlobeOp, one of the hedge fund industry’s leading administrators, is currently supporting European fund managers under the AIFMD’s Depositary “Lite” regime having recently gained authorisation from the UK’s Financial Conduct Authority. For hedge fund administrators, the ability to provide
It was anticipated, if not necessarily expected.
Investor Analytics sees ESMA’s recently updated guidelines as firmly placing risk statistics like value-at-risk and sensitivity analysis as mandatory requirements for AIFMD reporting. Investor Analytics has seen a tremendous increase in clients’ interest to better understand the risk reporting
The Securities and Exchange Commission has voted to lift restrictions on short selling that prevented traders selling borrowed stock if prices were declining, but it has strengthened rules
FINMA, the Swiss financial regulator, is currently conducting investigations into several Swiss financial institutions in connection with possible manipulation of foreign exchange markets. FINMA is coordinating closely with authorities in other countries as multiple banks around the world are
