Wed, Sep 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Survey finds London’s financial status will not be affected by AIFMD

Tuesday, July 24, 2012

Beverly Chandler, Opalesque London: A survey by compliance consultants the IMS Group has revealed that the alternatives industry is uncertain as to how the arrival of The Alternative Investment Fund Managers Directive (AIFMD) will impact on investment firms.

The survey was conducted among a group of 150 delegates at an IMS briefing on AIFMD. Findings included that with a year to go before its implementation, two fifths of the survey’s respondents (41%) were still assessing whether AIFMD would cause managers to make structural changes to their organisation. Further to this, 42% of respondents to the survey expected that AIFMD would influence their marketing strategies from 2013 onwards, 29% expected little influence and 23% didn’t expect any influence.

The survey came as news was announced that the publication of the final detail of the directive, which was slated for release on 22 July 2012, had been delayed, causing further uncertainty in the investment management industry.

IMS reported other findings that included:

  • 77% of respondents think regulatory developments such as AIFMD will have little or no impact on the attraction of London as a financial hub.
  • Capital requirements (19%) and risk management (21%) were highlighted as the top areas of concern for respondents within AIFMD, followed by depositary liability (14%) and remuneration (12%).
  • The largest negative impact of AIFMD is expected to be the ability to fundraise in Europe. Ho......................

    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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Opalesque Exclusive: Old Hill Partners launches specialty finance fund[more]

    Bailey McCann, Opalesque New York: Asset-backed lending is starting to heat up again after a prolonged credit squeeze. The Financial Times reports that a record £18.9bn was borrowed from asset-based lenders in the three months to the end of June. Much of this lending is driven by advanc