Wed, Aug 27, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Multifonds’ survey finds fund administrators believe AIFMD will be a catalyst for convergence

Monday, September 10, 2012

Beverly Chandler, Opalesque London: Multifonds’ latest survey of the fund administration industry shows that more than two thirds, some 69%, of industry respondents, with combined assets under administration of $16 trillion, believe AIFMD will accelerate the convergence of long only funds and hedge funds.

The firm says that although the Directive’s implementation deadline of 22 July 2013 is looming, many of those surveyed felt that they were not on target to be ready for AIFMD implementation. The research found that a fifth of respondents (20%) felt they were behind schedule and would not be ready within the next 12 months.

Multifonds’ survey, which received more than 50 responses from senior participants across the global fund administration industry, also asked which elements of AIFMD will have the most significant impact on respondents. Here, some 57% of fund administrators believed that depositary liability was the most challenging element, followed by operational requirements and risk and liquidity management, both standing at 45%.

With funds having to conform to all the Directive’s rules to market to European investors when AIFMD comes into effect, AIFMD represents a significant opportunity for Europe, Multifonds believes. 63% of those surveyed agreed that AIFMD will make Europe a more attractive jurisdiction for a......................

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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest