Claire Wilson
(1).jpg "EU regulators dubious about AIFMD passport extension")
Offering an AIFMD passport to some jurisdictions may be of little benefit to EU investors, market participants say.
SEC chairwoman Mary Jo White’s legacy, built over almost four years as head of the commission, includes a catalog of far-reaching regulations that impact private fund managers.
The presence of an IR team at a firm could sway an LP’s decision to invest with a GP, according to advisory firm Stevenson James.
Doubts over whether plans to tax carry as income will be actionable have been raised, along with suggestions a renewed legislative proposal to do so may fail.
The rules will expose financial institutions operating in China to security checks and have raised access concerns for foreign technology firms.
Sentiment towards Brexit is polarised, but the general outlook for European alternatives is positive, a study shows.
The removal of restrictions on asset holdings by Solvency II, coupled with low fixed income returns, is encouraging insurers to allocate more cash to alternatives.
UK trade minister Mark Garnier said on Wednesday the UK is likely to lose its financial passporting rights as a result of Brexit, but research suggests the alternatives industry would be relatively unscathed.
Industry players predict closing the carried interest loophole will be an immediate priority for the incoming US president.