Europe
colombian and peruvian pension funds
For those European investment fund managers wondering whether the controversial Alternative Investment Fund Management Directive can ever become a global brand, the deputy director of Luxembourgs funds industry association has some encouraging news.
Alternatives | 20 Nov 13
first shock then denial now luxembourg
Four years after the Alternative Investment Fund Managers Directive was first proposed, sending shock waves across the Continent, Europes asset management industry has largely come to terms with it, with some saying it lends itself to being marketed on global markets as a brand, much the way Ucits funds have been.
guernsey fsc signs mou with chinese securities
The Guernsey Financial Services Commission has signed a Memorandum of Understanding with the Chinese Securities Regulatory Commission, setting out a framework to exchange information between the two authorities.
skandia ditches royal brand in europe
The Royal Skandia brand has been withdrawn from Europe, with all new business from January 2014 onwards being directed through the companys Dublin-based Skandia Ireland brand.
Net sales of long term UCITS rise
Net sales of long term Ucits rose in September to 9bn (£7.5bn, $12bn) up from a break-even point in August according to the latest monthly statistics from the European Fund and Asset Management Association (EFAMA).