Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Gibraltar stock exchange to give access to European

Tuesday, March 03, 2015

Bailey McCann, Opalesque New York:

Gibraltar's stock exchange - Gibraltar SX - is giving European investors access to funds that don't have a license to market in Europe. The access will primarily focus on Cayman domiciled funds with assets in Hong Kong and Singapore, according to a report in International Adviser.

The GSX will provide an online portal to provide information to investors about funds listed outside the AIFMD license along with information about how to contact the manager of the fund. The exchange says this option is lower cost and provides a wider range of options to investors including smaller funds that are less than €100m in AUM.

Those funds typically can't afford the cost of the AIFM license.

For funds in Hong Kong and Singapore, most of the funds are less than €100m, another 65% are lower than €50m. The portal will primarily target high net worth European Investors. The exchange officially opened in November of last year.

Read our previous coverage of Gibraltar in the recent Opalesque Gibraltar Roundtable.......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1