When setting up as a new hedge fund manager, one of the most important relationships to establish is that of the prime broker. With banks facing regulatory pressures in the form of Basel 3, many are re-appraising their client book
Euronext is to launch a new Sugar commodities futures contract in the autumn of 2016 allowing the industry to hedge its positions against price fluctuations and anticipate future price movements, just as the Sugar quotas expire in the European market.
Across most EU jurisdictions, either the management company or the AIF needs to be licensed and requires some form of approval process. The Netherlands, however, is the exception to the rule. Under its light regime, neither needs to be licensed
Malta hosts a wide range of service providers, all of whom are well versed in structuring and supporting alternative investment funds, fund administration, risk management and so on. According to the MFSA’s statistics for Q1 2017, Malta had 26 recognised
Traditionally, Luxembourg’s fund industry has always been based on the products being regulated. Both UCITS funds, and Specialised Investment Funds (SIFs) under AIFMD, work on this premise. However, the Grand Duchy was quick to realise that given AIFMD is manager
Susan Lock (pictured) is a partner in the investment funds team at Campbells, a leading Cayman Islands law firm which has been established for over 45 years, advising on both Cayman Islands and British Virgin Islands law. She observes that
What does the future hold for the raising of funds in Europe? Wayne Atkinson (pictured) of Collas Crill, on behalf of the Guernsey Investment Fund Association, takes a closer look… With the arrival of the Alternative Investment Fund Managers Directive (AIFMD),
GLAS, an independent provider of finance administration services, has launched in the US, with Daniel R Fisher appointed to the helm of its New York-based office. The move is designed to capitalise on the new opportunities arising in the US
UK active funds transaction fees have dropped by 20 per cent since 2014 while portfolio turnover stayed relatively stable over the same period according to independent fund research company, Fitz Partners. The average portfolio turnover of UK domiciled active equity
Managed futures traders lost 1.19 per cent in December according to the Barclay CTA Index compiled by BarclayHedge. The Index was down 1.43 per cent in 2015. “European Central Bank easing in December fell short of investor expectations, and markets
