Link Fund Solutions’ Luxembourg business has obtained a licence to act as a Ucits management company and authorised alternative investment fund manager by Luxembourg regulator the Commission de Surveillance du Sector Financier (CSSF). It marks another step in the Australia-originated Link Group’s business development in the region. It has already been operating in the UK […]
SGG Group, the provider of compliance, administration and advisory services, as acquired Lawson Conner, a UK provider of regulatory infrastructure software and managed compliance services, which is intended to boost SGG’s offering to institutional clients. Subject to regulatory approval, the deal should complete by August 2018. Lawson Conner offers a technology platform for firms seeking […]
The Markets in Financial Instruments Directive II (Mifid II) is widely cited by fund managers as being one of the most impactful pieces of regulation following the financial crisis. MiFID II covers numerous facets of fund management including restrictions around using equity commissions to pay for research from their brokers; disclosure obligations around pre and […]
Portcullis Asset Management Limited (Portcullis) has announced the launch of its Malta-based Alternative Investment Fund Manager in order to assist alternative investment funds to comply with the Alternative Investment Fund Management Directive (AIFMD). Following the launch. Portcullis will assume responsibility for all AIFMD management functions on behalf of its clients. Funds managed through Portcullis’s AIFM […]
Lyxor has announced a partnership with Quantmetrics to join Lyxor’s AIFM managed account platform. This will allow the launch of Lyxor’s first AIFMD-compliant strategy on the platform. Lyxor’s managed account platform counts over 80 managers running various alternative strategies. Established in 2003, London-based Quantmetrics’ expertise focuses on short term systematic strategies. The firm believes that […]
Research carried out by consultant Oliver Wyman and published by the Association of the Luxembourg Fund Industry (Alfi) suggests the introduction of AIFMD has spurred growth in European fund domiciles, with the number of alternative investment funds up by 10% since 2010. Assets under management of AIFs was up 13% over the period, the research […]
BNP Paribas Securities Services has been awarded a cross-border AIFMD mandate by a.s.r Real Estate Investment Management and a.s.r. Netherlands. The mandate includes depositary banking, global custody and fund administration for a.s.r , a Dutch asset manager. The mandate was awarded following a competitive tender, it places more than €7bn of a.s.r.’s assets which falling […]
The insurance provider Apsley Speciality (Apsley) has joined forces with global reinsurer PartnerRe in order to launch a specialist underwriting service for the hedge fund sector dealing with AIFM requirements. The agreement between the two parties was signed in late 2013, PartnerRe will be capacity provider for the project.
ESMA, the European Securities and Markets Authority, has published its final guidelines on reporting obligations for alternative investment fund managers.
22 July 2013 is a day that will either unleash great potential from alternative investment funds and managers, or result in a regulatory quagmire.
Coeli, the privately owned Swedish asset manager is gearing up for a significant change in its business focus to take advantage of the nascent European single-market opportunities flowing in particular from AIFMD, and is preparing a move to Luxembourg to grow its business, according to its Luxembourg-based managing director Johan Lindberg.
ESMA, the European Securities and Markets Authority, has published its final guidelines on remuneration of alternative investment fund managers (AIFMs).