By Paul Compton – The traumatic crisis that engulfed the industry two years ago prompted a renewed concern among many hedge fund managers to gain control over their positions and exposures. Traumatised investors started asking managers many more questions about
By Lance Smith – The market turbulence of the past three years has exposed a number of flaws and limitations in traditional approaches to risk management. In the aftermath of the crisis, investors are increasingly pressuring alternative investment managers to
By Simon Gray – The alternative investment management industry has already had to come to terms with a wholesale shake-up in attitudes toward risk assessment and management in response to demand from investors. They are no longer willing to take
In the wake of the financial crisis and economic downturn that have shaken the alternative investment industry over the past few years, fund managers and service providers face new challenges in restoring impetus to the sector – not least in
The number of third-party administrators in Luxembourg has been swelled by the emergence of middle-tier firms that can now compete with the mega-administrators on a global basis and are establishing a presence in leading European fund centres, says James Eldershaw
By Simon Gray – The financial crisis and economic downturn of the past three years have brought fundamental changes for managers of hedge funds and other alternative investments, but also for their service providers such as administrators and custodians. A
Prior to the global financial crisis, the investment fund industry was focused mainly on revenue growth, on the back of good returns based on an ever-widening range of fund structures, asset classes and global jurisdictions. In the light of current
The global fund industry has not yet returned to the heights of the boom years before 2007 – indeed, it may never do – but over the past year the mood in the sector has markedly improved. Especially in Luxembourg,
Agreement after some 18 months of debate and negotiation on the Directive on Alternative Investment Fund Managers, which will create a single market for the marketing of alternative funds to professional investors throughout the European Union, offers new opportunities for
By Simon Gray – The vote in Brussels by the European Parliament on November 11 to approve the EU’s Directive on Alternative Investment Fund Managers, sealing the passage of the much-debated legislation into law, appears set to boost the position
