Europe
Eradicate useless over regulation in the EU FECIF
The honorary chairman of FECIF has called for “creative effort” and “active participation” across Europe to eradicate “useless over regulation” in the EU.
Luxembourg assets under management reach
Luxembourgs assets under management (AUM) reached a record high of 2.7trn ($3.7trn, £2.2trn) in the first quarter of 2014.
Syz Co launch flexible credit fund
Syz & Co has launched a fund which aims to provide a absolute return through a credit strategy combining European corporate bonds and flexible hedging of market exposure.
Kennox opens feeder to allow intl investment
Kennox Asset Management has launched a Luxembourg-domiciled SICAV Feeder Fund to facilitate international investor access into its flagship Strategic Value Fund.
Cyprus fund association admitted into EFAMA
The Cyprus Investment Funds Association (CIFA) has become a member of EFAMA following a “rigorous assessment” of Cyprus’s fund management framework.