Fri, Jul 29, 2016
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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  4. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New

  5. SWFs - Abu Dhabi wealth fund says long-term investment gains fell[more]

    From Bloomberg.com: The Abu Dhabi Investment Authority, one of the world’s biggest sovereign wealth funds, said its long-term gains dropped in 2015. The fund’s 20-year annual rate of return slowed to 6.5 percent at the end of 2015, from 7.4 percent a year earlier, it said in its annual review. Over