Regulations intended to bring systemic stability to markets are hitting returns from hedge funds in unintended ways as margin requirements are rising by up to 70%, according to analysis from OpenGamma. The analytics firm says the rising margin costs are hitting hedge funds hard, particularly global macro strategies, which on average returned just 2.3% over […]
Alexander Schindler (pictured) and Peter De Proft, respectively president and director general of the European fund and asset management association (Efama), have shared their views on several themes with InvestmentEurope during Fund Forum 2015 in Monaco. Commenting on the quantitative easing policy of the European Central Bank (ECB), Schindler says “it is too early to assess the impact of the […]
Efama has published a response to the second FSB/Iosco consultation on the assessment methodologies for identifying non-bank, non-insurer (NBNI) globally systemically important financial institutions (G-Sifis). In its response, Efama reminds international standard-setters that the asset management industry is “a well-regulated and well-diversified industry.” “The European regulatory regime within which asset managers (Ucits and AIFM Directives) […]
Global emerging market securities regulators meeting in Panama City have called for a more active role in global regulation by being involved and consulted at the early stages of new international regulatory reforms.
The finance industry needs to put a stop to its sequence of scandals and work to rebuild trust, according to David Wright, secretary general of the International Organization of Securities Commissions.
The International Organization of Securities Commissions (IOSCO) has published a consultation report on Recommendations Regarding the Protection of Client Assets, which seek to help regulators improve the supervision of intermediaries holding client assets.
The International Organization of Securities Commissions (IOSCO) has published a final report on ‘Suitability Requirements with respect to the Distribution of Complex Financial Products’, which sets out principles relating to the distribution by intermediaries of complex financial products to retail and non-retail customers.
The International Organization of Securities Commissions has published 11 Principles in its Final Report on disclosure regimes that local regulators ought to demand from providers of ABS investments.
Under the current low interest rate conditions, money market fund (MMF) managers will have to take steps to adapt their products, says Moody’s.
The issuance of global sukuk, bond-like instruments that are compliant with Islamic Shariah law, is expected to break previous volume records in 2012, but the Middle East may not be the centre stage for the boom of Islamic financial products.
The International Organization of Securities Commissions (IOSCO) has formed a Board Level Task Force on financial market benchmarks to identify policy issues and develop global guidance and principles for benchmark-related activities of particular relevance to market regulators.
The UK’s Investment Management Association, representing the local asset management industry, has welcomed proposals put forward by IOSCO, the International Organization of Securities Commissions, for improved liquidity risk management in collective investment schemes.