Europe
Alternatives | 21 May 15
AIFMD burden hurting European investment, says tax panel
Some fund managers are passing up European investment opportunities in a bid to steer clear of the compliance demands required to meet the Alternative Investment Fund Managers Directive (AIFMD), according to a panel of tax experts at the recent Guernsey Funds Forum.
Net assets in UCITS break through €9trn in March – EFAMA
Net assets in UCITS funds broke through the €9trn (£6.42trn, $9.97trn) mark for the first time in March, according to the latest data from the European Fund and Asset Management Association (EFAMA).
Alternatives | 18 May 15
Dexion Capital launches alternatives platform
Dexion Capital has launched an alternatives UCITS platform called Dexion Liquid Strategies.
MiFID II delay raises industry compliance worries
The deadline for submitting the final draft technical standards for MiFID II has been pushed back to September, raising concerns over the time companies will have to adapt to the industry-wide regulation.
AllianzGI promotes Pross to head of EMEA
UK-based asset manager, Allianz Global Investors, has promoted Tobias Pross who is to take on a new role as head of Europe, Middle East and Africa (EMEA).