Sun, Apr 19, 2015
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. Studies - Fund managers bullish on equities, alternative asset classes, Hedge funds starting to spurn emerging markets, Insurance companies take aggressive approach to hedge funds despite restricted exposure[more]

    Fund managers bullish on equities, alternative asset classes From Benefitnews.co: Asset allocation and risk continue to be the top issues for institutional investors in 2015 and, while nobody is sure what the economy will do in 2015, investment fund managers remain positive about investm

  2. Investing - New hedge fund strategy: Dispute the patent, short the stock, David Einhorn bets on AerCap as leasing company avoids turbulence, Top hedge funds reveal these best investing ideas, Hedge funds bet big on PetSmart price bump, Victory Park Capital increases investment in upstart to $500m[more]

    New hedge fund strategy: Dispute the patent, short the stock From WSJ.com: A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hay

  3. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  4. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  5. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

 

banner