Insights for institutional, alternative and wealth managers
Welcome to Issue 4 2013 of our global publication for institutional, alternative and wealth managers.
European Fiduciary Services – News & Views: AIFMD Special
Level 2 Regulations from the European Commission, published in December 2012 were expected to provide clarity on the final text of the AIFMD. Discussions are taking place throughout the industry to determine the best practices that can meet the requirements of the Regulation. Unfortunately, diverging interpretations are emerging and managers will therefore need to keep an eye on how the AIFMD will be implemented in each jurisdiction where marketing activities are undertaken.
This special edition focuses on how the regulations are expected to affect Private Equity, Venture Capital, Swedish Property Funds and Prime Brokers.
Hong Kong, the Next Luxembourg?
The Renminbi Qualified Foreign Institutional Investor (RQFII) scheme is a policy initiative of the Mainland Chinese authorities that allows qualified RQFII quota holders to use renminbi funds raised in Hong Kong to invest in the Mainland securities markets.
Market & Business Outlook
Getting Shelf Space: a five-point guide
Getting wealth managers to sell their funds is one of the keys to success for asset managers. But persuading a major distributor to give them shelf space is far from easy. Gavin Rankin, EMEA Head of Managed Investments, Citi Private Bank, and Cathal O’Daly, Ireland Head of Financial Institutions Client and Sales Management, Citi Securities and Fund Services, offer some insights from the other side of the aisle.
Australia Pension Reform: Implications on Financial Markets
It is more than 25 years ago that Australia began a rigorous reform of its pension industry. Nick Sherry, a key architect of the reform and the former Australian Minister for Superannuation and Corporate Law, looks back on how the reform unfolded and what other governments can learn from the Australian experience.
Regulatory & Legislative Update – 1st Quarter 2013
To date at least, there has been precious little reaction to the EU Commission's proposal for a Financial Transactions Tax (FTT) in 11 EU Member States1. Yet we believe it holds the potential to rock European financial markets to the core.