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

Malta's Scotstone Investments offers AIFM umbrella for smaller managers

Tuesday, January 28, 2014

Komfie Manalo, Opalesque Asia:

Scotstone Investments Ltd., IDS Group’s Malta-based company that assists emerging or non-EU domiciled fund managers gain access to the European market, has set up an alternative investment fund managers (AIFM) umbrella for smaller fund managers.

This was revealed by Ian Hamilton from IDS at the latest Opalesque Roundtable Zurich 2014.

Queried about the prohibitive costs for managers to get an AIFMD (alternative investment fund management directive) license, Hamilton replied, "For Scotstone Investments we have set up our own asset manager which acts as the host for some of the smaller firms. Standalone is expensive and I would hate to see increasing costs and regulation result in the ladder being pulled up for the future and the smaller fund managers."

IDS Group is a hedge fund administration firm with operations in Malta, Mauritius and South Africa. In December, Scotstone was granted an AIFMD-approved fund manager license in Malta.

Hamilton explained that he is in favour of licensing fund managers under the AIFMD regime because it gives protection to investors even though that means some managers who in the past were operating "below the radar" may try to fight the fact they have to be registered or licensed going forward.

"We talk about swallowing pride, I thin......................

To view our full article Click here

Banner

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  4. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  5. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba