The Role of the CCR in the Chilean Private Equity Industry. This Blog-post Reproduces an Article already Published on AlphaWeek. Chilean Pension Fund open to Private Equity Investment The Chilean pension fund system has breached in 2018 the 200bn threshold. Its pension fund system – Administradoras de Fondos de Pensiones – traditionally already very open to…
AIFMD Third-Country Passport: 5 Top Things US Fund Managers Should Know. This Blog-post Reproduces an Article already Published on AlphaWeek. The introduction of a definition of AIFMD premarketing, as recently proposed by the European Commission, has put under the spotlight, once again, the increasingly intricate access to Europe available to US Fund managers – and any…
A Definition of AIFMD Premarketing was recently Proposed by the European Commission. This Blog-post Reproduces an Article already Published on AlphaWeek. In light of increasing constraints faced by banking institutions, traditionally the exclusive avenue utilised in Europe to source capital by SMEs, the European Commission is set on a journey to provide new sources of…
The UCITS brand is very strong and has been associated overtime with a growing history of success in Europe and beyond. Designed with the retail investor in mind, UCITS fund distribution rapidly gained momentum and popularity especially amongst institutional investors all over the world. Since inception in 1985, UCITS has now become a distinctive brand,…
This Interview on GDPR For Fund Managers was firstly published on AlphaWeek and Is Reproduced Here under Their Permission. GDPR for Fund Managers will represent one more layer of added complexity in an already intricate European regulatory landscape. One more European initiative, launched with EU regulation 2016/679 – also known as the General Data Protection Regulation…
This Interview on Brexit ESMA Opinion on Investment Management was firstly published on AlphaWeek and Is Reproduced Here under Their Permission. Brexit ESMA Opinion on Investment Management was the topic of a conversation between AlphaWeek and Attilio Veneziano, Managing Director of Veneziano & Partners, an international consulting boutique specialised in the European regulation of cross-border fund…
ESMA opinions have been recently released to deal with the risk of regulatory arbitrage, in European jargon, ensuing the increasing wake of relocation enquiries to Europe (the EU 27) by UK financial entities as a consequence of the recent developments of Brexit. When it might seem highly likely, on the one hand, that the passport will…
Introduction Marketing offshore funds in Europe under the National Private Placement Regime introduced by the AIFM Directive is still very hot topic. Notwithstanding extensive discussions and ESMA opinions in the recent past around the possibility of extension of the passport to third country alternative investment managers (AIFM) and funds (AIF), with ensuing phasing out of…
This Article on MiFID II Product Governance Rules Was Initially Published by The Hedge Fund Journal and Is Reproduced Here under Their Permission. The newly introduced MiFID II product governance requirements aim at ensuring that product manufacturers of financial instruments and structured deposits, as well as distributors, have at all times the best interest of the investors…
In this brief interview on Tip TV/Linear Talk we discuss some of the implications of Brexit on the fund management industry, with a focus on EU equivalence assessment of third countries under both AIFMD and MiFID II. Even though the notification under article 50 of the Lisbon Treaty has been kicked in, it is…