Gold price rise sparks profit taking
The strong rise in precious metals prices seen last month has sparked a bout of profit taking, with gold and silver investors selling and buyer numbers falling, according to BullionVault.
The strong rise in precious metals prices seen last month has sparked a bout of profit taking, with gold and silver investors selling and buyer numbers falling, according to BullionVault.
Gibraltar’s new stock exchange, the GSX, is to offer fund managers the ability to list Exchange Traded Instruments (ETIs) backed by alternative investments from December 2015.
If investors use alternative Ucits funds, they prefer to allocate significant funds to them.
The European Securities and Markets Authority is to begin assessing whether Australia, Canada, the Cayman Islands, the Isle of Man, Bermuda and Japan should get access to the marketing ‘passport’ under the Alternative Investment Fund Managers Directive.
A quiet revolution is happening in hedge funds. Investors continue to allocate to the asset class, but the way they are allocating is changing, while its investor base is growing broader and becoming more inclusive.
Commodity trading advisor (CTA) strategies should benefit if market volatility remains high for a sustained period, and currency-focused funds are a particularly good bet, argues Harmen Overdijk, managing partner at Hong Kong-based Caidao Wealth.
Guernsey has extended its market access to alternative investment fund managers and AIF funds from EU member states that have fully implemented the Alternative Investment Fund Management Directive (AIFMD).
The number of Jersey funds being given access to Europe through private placement regimes under the EU Alternative Investment Fund Managers Directive (AIFMD) has risen by 10% in six months, figures from the Jersey Financial Services Commission reveal.
Aberdeen Asset Management has entered into an agreement to acquire hedge fund Arden Asset Management
The European Securities and Markets Authority (ESMA) has recommended that six countries should be among the first wave of non-EU countries to get access to a Europe-wide passport under the Alternative Investment Fund Managers Directive (AIFMD).
Aberdeen Asset Management has agreed to acquire private equity and real assets manager FLAG Capital Management as part of an ongoing bid to scale up its presence in the alternatives space.
Some fund managers are passing up European investment opportunities in a bid to steer clear of the compliance demands required to meet the Alternative Investment Fund Managers Directive (AIFMD), according to a panel of tax experts at the recent Guernsey Funds Forum.