Luxembourg adopts AIFMD laws
The Luxembourg Parliament has today adopted new laws in order to implement the Alternative Investment Fund Manager Directive (AIFMD).
The Luxembourg Parliament has today adopted new laws in order to implement the Alternative Investment Fund Manager Directive (AIFMD).
The FCA has introduced two legal forms of collective investment schemes as part of its policy statement on the AIFMD, bringing the UK in line with the rest of the EU.
Coral Student Portfolio has partnered with overseas family office firm Capital Values Group to make a $60m phased investment to a $200m fund.
The European Securities and Markets Authority (ESMA) has approved co-operation arrangements on the supervision of alternative investment funds between EU regulators and 34 jurisdictions across the rest of the world.
European hedge fund launches were subdued in the first quarter of the year as fund managers postpone bringing their new funds to market until after the AIFMD deadline in July.
The European Securities and Markets Authority (ESMA) has published final guidelines on the remuneration of alternative investment fund managers (AIFMs), which will align them with other financial sectors, it announced today.
The former chairman of the Alternative Investment Management Association Todd Groome has joined Highwater Group, a Cayman Islands based provider of independent director services to hedge and private equity funds.
The main Irish and Luxembourg funds industry associations have largely welcomed the publication, on Wednesday, of the final so-called AIFM Directive Level 2 regulations, saying that they bring much-needed clarity to the situation.
40% of asset managers are unprepared for the impact of AIFMD, which will become law in every EU member state by July 2013, according to research from specialist fund service provider KNEIP.
Ireland has announced plans to overhaul its non-Ucits fund regime, in a bid to remain attractive to fund managers ahead of the implementation of the Alternative Investment Fund Managers Directive.
Irelands minister for finance has approved plans to introduce legislation which will allow Sicav structured funds to be domiciled in the country, as it gears up for the AIFMD.
Gibraltars Financial Services Commission has announced the creation of a Funds Panel, after recent changes to its laws which are designed to bolster its appeal as a fund jurisdiction, particularly following the introduction of the Alternative Investment Fund Managers Directive.