Thu, Jul 31, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

European regulatory update for hedge funds

Thursday, June 09, 2011

amb
Andrew Baker
Benedicte Gravrand, Opalesque Geneva

The implementation of the Alternative Investment Fund Managers (AIFM) Directive is moving forward, with the recent adoption of the level 1 text by the European Council. Meanwhile, there are ongoing debates about the control of naked short-selling, especially of CDS for government securities. And the European Commission recently consulted on possible financial taxations, and legislation should be proposed later this year – although we are expecting the usual delays.

Opalesque asked a few distinguished experts their views on those recent developments.

Council’s adoption of AIFM Directive a step towards final implementation The Council of the European Union adopted the AIFM Directive on Friday 27th May, following an agreement already reached with the European Parliament (see last week’s article here). Political agreement about the Directive was reached at the end of last year but the lengthy process of translating it into all official EU languages has meant that the final approval of the text was delayed, AIMA told Opalesque. The directive will enter into force on the 20th day following its publication in the Official Journal; member states will have two years to transpose its provisions into national law.

So what does that mean for hedge funds?

The hedge fund industry body AIMA has been ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass