The European Securities and Markets Authority (ESMA) on Thursday 13 October released its guidance on cross-border operations between Member States and the role of master/feeder funds.
The dysfunctional markets of 2011 (or should that be four years?) are making it difficult to provide investors with absolute returns. However over 50% of Australian Hedge Funds have provided a positive return over the past 12 months, demonstrating that
One of the unique features at Gaim 2012 was the opportunity for a variety of fund managers to deliver rapid-fire presentations to a panel of judges comprised of seasoned investors. The runner-up this year was Ozarslan Tangun (pictured) of AccessTurkey
Luxembourg issued a clear signal of intent this year. Not only was the Grand Duchy one of the first EU Member States to implement the AIFM Directive on 15 July 2013, it also made significant amendments to the 1915 Company
DBFS has enhanced the planning functionality of Asset+, its front to back office platform for managers running hedge funds, fund of hedge funds and asset management portfolios. Fund of hedge funds investors are beginning to demand greater transparency to ensure
Cayman-based Caledonian Global Financial Services has announced the acquisition of the Beacon Group of companies, which is based in the British Virgin Islands and comprises Beacon Capital Management, Beacon Fund Advisors and Beacon Fund Administrators. Beacon is a provider of
The hedge fund industry has undergone significant change since the beginning of the financial crisis, resulting in the need to grow operational infrastructure and increase transparency, says a report by KPMG, and the Alternative Investment Management Association (AIMA). Prior to
By Alain Kinsch & Axelle Ferey – Porter formalised it in the 90’s: innovation is key to competitiveness. Luxembourg’s private equity industry, with the support of Luxembourg authorities, explored this path over the past ten years to establish the Grand
The US Commodity Futures Trading Commission (CFTC) has issued an Interpretation that relates to anti-fraud authority provided in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The Interpretation is the CFTC’s view of the meaning of the
A greater focus from regulators and investors has led to an increased number of hedge fund and private equity managers actively considering strategic moves to more favourable domiciles, according to a new report from Clear Path Analysis. Emerging regions are
