Reliable sustainability information: the dawn of a new era

Environmental, social, and governance (ESG) data is being used more and more systematically. Why? It’s ultimately down to a shift in investor mindset towards issues like global warming, resulting in (and driven by) initiatives like the European Commission’s Action Plan on Financing Sustainable Growth, which strengthens regulations on sustainability disclosur […]

The “cost” of performance: alternative asset funds under Solvency II

The increasing appetite for alternative investment products by institutional investors is dramatically changing the asset management industry. Opportunities are on the rise, as are competition and new regulatory challenges. In this context, asset managers in the alternatives space are asking themselves how much they “cost” in solvency capital requirement […]

ESMA’s second round of AIFMD passport recommendations

In continuing its country-by-country approach to determining which non-EU countries should have access to the AIFMD passport, ESMA has published the outcome of its reviews of twelve non-EU countries that are home to Managers or Funds active in the EU market. Canada, Japan, Jersey, Guernsey, and Switzerland got the green light with ESMA seeing no obstacles to giv […]

The RAIF: for investments of any colour

On 14 July 2016 Luxembourg added the eagerly awaited Reserved Alternative Investment Fund (RAIF) to its alternative investment fund structuring toolbox.

UCITS V stellt Depotbanken vor neue Herausforderungen

Auf die Depotbanken kommen mit UCITS V neue Anforderungen zu.

RAIF: keeping the Luxembourg market fit and fighting

The Luxembourg government approved the reserved alternative investment fund, commonly abbreviated to “RAIF” (or “FIAR” to use its French acronym), on 27 November, and officially submitted it to Parliament on 14 December 2015. The aim of this new investment product, as explicitly stated by the government, is to maintain the competitiveness of the financi […]