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The market for US dollar (USD)-denominated funds in Greater China has undergone rapid transformation. Professional services providers have been grappling with the impact of a flurry of new laws and regulations, while fund managers have suddenly found themselves overwhelmed by choice. This has led some to question whether market convergence has finally led to the creation of a level playing field for all jurisdictions, or whether in fact this is the beginning of widespread divergence in the fund market industry.

Here is a way to start an article like no other; what a fantastic year 2020 has been. The obituary of the hedge fund industry has been written many times, but for some, it was written in indelible ink in 2008 following the financial crisis. Commentators blamed the industry for its part in the global collapse, notwithstanding the fact that a huge majority of fund vehicles during that time were actually victims themselves. Ignoring the huge layer of red tape that subsequently encased the industry, this wasn’t actually the largest cause for concern.

Introducing The Funds Download Podcast, providing insight and commentary to our clients and friends in the Investment Funds industry.

We are happy to have contributed to this significant initiative organised by UK law firm CMS Cameron McKenna Nabarro Olswang LLP exploring thoroughly the national private placement regimes and the passporting regulations for UCITS and AIFs schemes in each EU member state and other popular marketing jurisdictions in Europe.

Business is booming!!! Luxembourg is the largest financial centre for investment funds in Europe and the second largest worldwide. Private equity continues to grow in Luxembourg due to the Alternative Investment Fund Managers Directive, the increasing likelihood of a hard Brexit and pension funds turning towards more illiquid investments.

The crypto world is awash with news of Facebook’s ‘Libra’ digital currency whitepaper following its release on 18 June 2019. The announcement has triggered a mixed reaction around the world with excitement from crypto enthusiasts balanced with cautionary words from a number of the G7 central banks and finance ministries.