Consulting firm Veneziano & Partners has published a white paper on the future of delegation for investment management.
Euronext has completed its acquisition of the Irish Stock Exchange plc, achieving what it describes as a major milestone in the expansion of its federal model.
ALFI comments on the EC proposal amending UCITS and AIFM Directives…
New regulatory requirements could hinder rather than help cross-border fund distribution, says EFAMA
In a bid to facilitate cross-border distribution of investment funds in Europe, the European Commission has this proposed a legislative review of both the AIFM and UCITS Directives, the main pillars of the legislative framework for investment funds.
Zurich-based index provider LIMEYARD has announced a strategic partnership with the Vienna Stock Exchange (Wiener Börse AG) aimed at strengthening its index offering globally by providing real-time index calculation and data dissemination.
Swiss-based specialist asset managers Quaero Capital, with USD1.4 billion under management, is to join forces with London-based Tiburon Partners, who manages USD900 million in Asia, to create a single business which manages more than USD2.3 billion.
The new PRIIPs rules, which are due to go live on 3 January, threaten to cause serious investor detriment by mandating figures, particularly in relation to performance and costs, and will at best confuse investors and at worst mislead them, according to EFAMA.
EFAMA has welcomed the European Commission’s proposal for a Directive and a Regulation establishing a self-standing prudential regime for investment firms.
IndexIQ has some USD3.5 billion in assets and, says CIO, Sal Bruno, enjoys the position of being the leading ETF provider of primarily non-market cap weighted indices.
Veteran value investors Alvaro Guzman (pictured) and Fernando Bernad launched their firm azValor in November 2015, having spent the previous 13 years working together at another firm, building a value portfolio from EUR200 million to EUR10 billion.