Wed, Dec 2, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers July 2013

News & Perspectives: Latest relevant news, views and findings

Update on regulatory requirements

The European Union's Alternative Investment Fund Management Directive (AIFMD) came into force in the 28 member country bloc on July 22nd, 2013. Fund managers are to look closely at the various obligations the Directive implies (full article here). But many are apparently still waiting for finalizations of regulations and further advice from their local regulators before taking action (full article here).

In the US, portions of the JOBS Act's advertising bill are still waiting on guidance, and a new open public comment period has been announced for new amendments to Regulation D. Meanwhile, the CFTC voted to approve final guidance for its derivatives trading rules, but also agreed to a delay until December 21, 2013 for implementation (the EU timeline for its own derivatives rules has been pushed back relative to the US.) The IRS also announced that it would delay implementation of the Foreign Account Tax Compliance Act (FATCA) by six months. And Senators Elizabeth Warren and John McCain introduced a bill that would restructure the current US banking system to reflect how it was set up before the repeal of the Glass-Steagall Act (full article here).

Advertising the differentiation

Now that the U.S. SEC has lifted the ban on solicitation and advertising, hedge fund managers, who may be at a disadvantage due to a lack a marketing structure and a strong online presence, need to identify what is unique ab......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. David Einhorn's hedge fund plunged 5.2% in November, set for 2015 loss[more]

    From David Einhorn’s main hedge fund at Greenlight Capital fell 5.2 percent in November and is poised for only its second losing year in almost two decades. The losses bring the fund’s yearly drop to almost 21 percent, according to an e-mail sent to clients that was obtained by Bloomb

  2. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  3. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  4. Commodities - Stung by oil, distressed-debt traders see worst losses since '08[more]

    From It’s mid-November, but for investors who trade in the debt of distressed companies, the year’s already done -- and they lost. Hedge funds that specialize in the debt are grappling with their worst declines in seven years. Funds managed by Knighthead Capital Management, Candlewood

  5. Regulatory - Major changes in partnership audit procedures contained in 2015 Budget Act[more]

    Contained in the Bipartisan Budget Act of 2015, signed by President Obama on November 2, is a rather complex provision that materially changes how partnerships are audited. Generally effective for tax years beginning after December 31, 2017, the so-called “TEFRA” and “Electing Large Partnership” rul