April 2013

Cayman IslandsAnd so we say goodbye to Cyprus, pretty much. The island in the sun, with its troubled past, has now scored a resounding nul points in the European rosy economic outlook contest.

ViewNordic values of openness and transparency have helped the country achieve economic success, and are in tune with European funds regulation. George Mitton reports.

FishA Danish pension fund is growing more savvy about its exposure to alpha, while Sweden’s AP may raise fund limits to alternative investment. George Mitton reports.

Depositary banks in the Nordics are waiting with bated breath for their local regulators to interpret the AIFMD. What will it mean for depositary liability, lost securities and cost? George Mitton asked participants at our Stockholm panel.

PeaksThe UK financial regulator’s tougher style of policing fund management is biting as it changes this month to the ‘twin peaks’ model, finds Nick Fitzpatrick.

Mountain peaksFunds Europe asks a selection of professionals how they see the UK’s regulatory landscape evolving under the twin peaks model.

Ferris wheelThe idea that a great rotation is taking place from fixed income into equities is simplistic, European bond managers tell Fiona Rintoul. But it is clear they have been thinking hard about it.

ChampagneGenerally speaking, we lawyers did a bad job of it. As the commencement date for the UK’s new Bribery Act 2010 approached on July 1, 2011, we made a lot of pronouncements about the new crime of excessive corporate hospitality.

Emerging plantEmerging market businesses are not sated by bond issuance and this creates an opportunity for private debt investors, says David Creighton of Cordiant.

Take offTime is running out for alternatives managers to prepare for the Alternative Investment Fund Managers Directive, says Mario Mantrisi, of Kneip, who looks at the final stages of implementation.