Thu, Jan 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Dechert details four key ways AIFMD will impact on US investment advisers

Wednesday, June 12, 2013

Beverly Chandler, Opalesque London: Law firm Dechert has published a note on how the European AIFMD regulations will impact on US investment advisers. The note finds that there are four key ways that US investment advisers are affected by AIFMD.

From 22 July 2013, subject to certain transitional arrangements, AIFMD will take effect and in broad terms, it will affect US investment advisers engaged in the following activities, the firm writes:

  • Marketing funds in the EEA . AIFMD will change the way that fundraising is regulated throughout the EEA. This will be relevant to virtually all sponsors of AIFs (whether they are open or closed ended, listed or unlisted) which are actively marketed to EEA investors.
  • Managing EEA funds . US investment advisers managing EEA domiciled AIFs will need to reassess whether they can continue to do so from this July, and on what terms.
  • Sub - advising a fund managed by an EEA AIFM . US investment advisers which sub - advise or provide investment services to an EEA AIFM may be drawn into AIFMD compliance requirements by new rules on delegation applying to the AIFM.
  • Delegating to an EEA sub - adviser . Any US fund manager that delegates portfolio or risk management in relation to an AIF to a European entity will need to consider carefully whether it o......................

    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. The Big Picture: The case for emerging market debt in 2017[more]

    Benedicte Gravrand, Opalesque Geneva: Emerging market (EM) assets outperformed in 2016 mainly because of stronger fundamentals and an improving international environment, with GDP picking up speed, leading to positive earnings revisions for the first time in five years,

  2. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  3. Short Selling - Long-short hedge funds are ditching the shorts to focus on longs[more]

    From Bloomberg.com: What happens when you take the "short" out of a long-short trading strategy? Some hedge funds are about to find out. Equity long-short fund managers, the biggest category in hedge funds, hold the fewest bearish stock bets on record, data compiled by Credit Suisse Group AG s

  4. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  5. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee