Monday, 1 September 2014
Last updated 3 days ago
Jul 11 2013 | 11:29am ET
Luxembourg, one of the world's foremost hedge fund domiciles, has come into compliance with tough new European Union regulations.
The Grand Duchy's Parliament has formally adopted the Alternative Investment Fund Managers Directive, ahead of a July 22 deadline. The new rules govern compensation, depositaries, delegation and leverage, among other areas.
“AIFMD pushed the alternative fund management industry towards a model which is based on the compromise of more regulation in exchange for a passport,” Marc Saluzzi, chairman of the Association of the Luxembourg Fund Industry, said. “This is the same as the UCITS model which we know so well in Luxembourg, and, combined with the fact that we already have a well-established ‘alternatives’ industry, the law puts the Luxembourg financial centre in a strong competitive position to develop our hedge, real estate and private equity activities even further.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...