Tue, Sep 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Multifonds’ white paper reflects on the likely impact of AIFMD

Wednesday, June 19, 2013

Beverly Chandler, Opalesque London: Investment software provider Multifonds has published its white paper, entitled: The impact of AIFMD and convergence survey. Key findings from the survey include:

  • 83% of respondents agree convergence of traditional and alternative funds will continue
  • 64% of respondents view depositary liability as the most challenging aspect of AIFMD
  • 59% of respondents believe that AIFMD will become an international standard for distributing AIFs globally, similar to the UCITS brand
  • 83% of respondents feel confident about their state of readiness, claiming to be ready between now and the July 2013 deadline
  • 88% of respondents think that existing managers will take advantage of the grace period until July 2014
  • Of the funds managers responding, 43% already have a depositary in place and a further 43% are in discussion with a depositary
  • Luxembourg and Ireland are likely to be the most successful onshore EU domiciles under AIFMD for attracting new business or funds re-domiciling
  • 70% of respondents agree that non-EU managers will set up European operations to take advantage of AIFMD
  • 77% of respondents think that EU managers may choose to set up offshore structures to avoid AIFMD costs
  • 52% of respondents have seen a rise in the costs of implementing AIFMD since the release of the Level 2 text
  • Depositary costs continue to be a concern, with 41% of respon......................

    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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. 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

  4. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius

  5. Big hedge funds tighten grip amid consolidation[more]

    From Asianinvestor.net: The hedge fund industry consolidated last year with the number of funds falling by around a tenth from 2012 but assets under management rising $248.8 billion to $2.6 trillion, finds a new report from research firm eVestment. Firms with more than $1 billion in hedge fund A