Rome seeks to separate Italian fund managers from banking parents to shake them out of complacency, increase third-party assets, and become more competitive internationally.
European institutional investors moved back into riskier asset classes last year, with alternatives making up 11.7% of portfolios.
ROUNDTABLE: Gelb, Meager, Derobert, Ebenston, Briol and Biggs talk with Funds Europe.
Research shows that hedge fund investors naively allocate to winning investment strategies.
Pension fund assets allocated to infrastructure and commodities increased significantly between 2008 and 2009, although the aggregate number of allocations to alternatives remained the same.
The AIFM directive is set to introduce sweeping changes for alternative managers and their administrators. Nicholas Pratt looks at what these changes may be and how administrators are aiming to help both their clients and themselves
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