A consultation on whether to extend the Alternative Investment Fund Managers Directive (AIFMD) beyond Europe has closed, and will now be used to determine the European Commissions legislative stance on the matter.
So far, over 927 applications for Alternative Investment Fund Managers Directive (AIFMD) authorisation or registration, the Financial Conduct Authority said.
The date at which all firms must comply with Alternative Investment Fund Managers Directive (AIFMD) requirements is fast approaching, yet the excuses are still coming thick and fast.
The Irish Funds Industry Association (IFIA) has reported a significant uptake in applications by fund managers seeking authorisation in Ireland under AIFMD.
All countries within the European Economic Area were required to implement the new AIFMD laws by 22 July this year.
Just over half of alternative investment fund managers (AIFMs) expect more funds to flow into alternative investment vehicles as a result of easier access following the alternative investment fund manager directive (AIFMD) which became law today.
Hedge fund returns fell into negative territory for the first time for seven months in June, amid speculation the US Federal Reserve was to slow down its asset purchase programme. .
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.
Only 15% of alternative investment fund managers (AIFMs) are ready to meet the requirements of the alternative investment fund managers’ directive (AIFMD), despite it becoming law next month.
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.
Hedge fund managers are remaining tight-lipped following HM Treasury’s decision to allow new funds to continue to market as normal for the year following the implementation of the Alternative Investment Fund Manager’s Directive (AIFMD).
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.
