Europe
MiFID II deadline extension needed, says Efama
National legislators and regulators will all implement the MiFID II directive differently. Since this creates complications for international asset managers, the European Fund and Asset Management Association (Efama) wants an extension of the deadline for full implementation of MiFiD II, which is currently set at January 2017.
Liechtenstein and EU sign tax transparency agreement
Liechtenstein and the EU Commission have signed an agreement on the automatic exchange of information (AEOI), which will ensure greater transparency and cooperation between tax authorities.
Alternatives | 28 Oct 15
Gibraltar stock exchange to offer ETIs
Gibraltar’s new stock exchange, the GSX, is to offer fund managers the ability to list Exchange Traded Instruments (ETIs) backed by alternative investments from December 2015.
Italy is land of opportunity for Goldman Sachs
Goldman Sachs Asset Management is targeting Italy as its biggest growth opportunity for its Luxembourg SICAV, five years after kick-starting a strategy to work with the mutual fund distributors at a local level.
Amundi takes aim at demand for targeted returns
Amundi’s new Multi Asset Global Fund for international investors aims to satisfy growing demand from financial advisers for an all-in-one solution for clients willing to take moderate risks, said Éric Tazé-Bernard, the fund management company’s chief allocation adviser.