Private equity fundraising hits 10-year low

Although the private equity industry is seeing an unprecedented period of fundraising with first-time funds accounting for a quarter of vehicles closed in 2017 they secured just 6 per cent of total capital raised. This was a 10-year low.

Concerns raised over Esma lack of understanding of distribution of financial products

The European Securities and Markets Authority (Esma) seems to have little understanding of open architecture platforms, according to European Federation of Financial Intermediaries and Financial Advisers (Fecif).

Hong Kong and Switzerland sign landmark deal to distribute public funds

Hong Kong and Switzerland have signed a memorandum of understanding (MoU) on mutual recognition of funds and asset managers.

Italy puts Cayman on white list paving way for increased investment through alternative fund structures

Italy has now included Cayman Island funds on its white list. This means Cayman funds will be free to invest in Italian securities such as bonds and securitisation instruments and receive interest payments gross of withholding tax.

Asset managers lagging behind on use of social media

Social media is becoming more important to asset managers. Even hedge funds are finding social media useful for their businesses despite the challenges it offers.

Esma inches closer to extending AIFMD fund passports to non-EU alternative investment funds and managers

The European Securities Markets Authority (Esma) has issued its advice on the extension of the alternative investment fund managers' directive (AIFMD) passport to investment fund managers and investment funds based in 12 non-EU countries.

Good year for Luxembourg fund industry as country ponders new alternative fund structure

Luxembourg’s fund industry had a great 2015, according to figures released by then Association of Luxembourg Fund Industry (Alfi).

Hedge fund assets forecast to rise as institutional investors reallocate portfolios

Hedge fund industry assets will reach an all time high in 2016 as institutional investors increasingly turn to hedge funds in search of better returns, according to Agecroft Partners.