Europe
stm enters eu life products biz
STM, the Gibraltar-based, AIM-listed provider of cross-border financial services, has entered the European life insurance product space with a bond that its Life division has designed specifically for the German market.
morningstar drives greater fund disclosure
Ratings agency Morningstar is forcing groups to individually name all members of a funds' management team and is looking to push for greater clarity over investment objectives.
ireland brings aifmd into national law
The Irish Department of Finance has transposed the Alternative Investment Fund Managers Directive into national law.
discretionary assets decisively overtake funds
Assets in discretionary mandates represented 53% or 7.3trn of total AUM in Europe at the end of 2011, compared with 6.5trn within investment funds, making a combined total of 13.8trn.
Alternatives | 10 Jul 13
Luxembourg adopts AIFMD laws
The Luxembourg Parliament has today adopted new laws in order to implement the Alternative Investment Fund Manager Directive (AIFMD).