The global financial crisis of 2008 prompted a regulatory response that has spawned a multiplicity of new acronyms, terminology and jargon that sometimes sounds like an altogether different language.
On 22nd April, StatPro hosted a UCITS & AIFMD breakfast event at the Sofitel Luxembourg Europe.
On 19th February, StatPro held an AIFMD Roundup breakfast briefing at the City of London Club.
New assets come with new challenges
Assets under management are at an all-time high. In 2013 they stood at $68.7 trillion, which represents a 13% increase over the pre-crash peak in 2007.
While seeking enhanced returns, hedge funds typically employ the use of derivatives across various asset classes.
The AIFMD is designed to increase investor protection by introducing an EU-wide framework for the regulation of alternative investment funds.
The AIFMD is designed to provide greater protection to those who invest in alternative investment funds.
The AIFMD has introduced new rules for the authorization, operation and transparency of firms running alternative investment funds such as hedge funds and private equity.
Both the Alternative Investment Fund Manager Directive and UCITS IV have placed exceptional demands and pressures on asset managers.
According to a recent survey, two-thirds of alternative investment fund managers are concerned about meeting the reporting requirements of the AIFM Directive, while just over half are worried about meeting the...