Regulatory action on cyber-crime inevitable, says KPMG

It is inevitable that regulators are going to force fund managers to disclose to the authorities information as to whether they have been subject to a cyber-attack, according to KPMG.

Posted on: 14 May, 2015
Posted in: Regulation

OECD introduces further investor reporting

Financial institutions including fund managers will need to up the ante on client due diligence and bolster investor reporting following the Organisation for Economic Cooperation and Development's (OECD) agreement on the automatic exchange of info

Posted on: 30 Oct, 2014
Posted in: Investors

GAIM Ops: Emerging managers warned on challenges

Managers need Assets under Management (AuM) of between $100 million and $150 million if they are to break-even amid growing regulatory scrutiny and pressure from investors to institutionalise their businesses.

Posted on: 13 Oct, 2014
Posted in: Launches

Half of managers yet to apply for AIFMD authorisation, survey finds

Nearly half of all alternative investment fund managers have yet to apply for authorisation with their national regulators under the Alternative Investment Fund Managers Directive (AIFMD) despite the rules coming into play next week.

Posted on: 14 Jul, 2014
Posted in: Regulation

Fund Forum: Managers must build holistic infrastructure to deal with GATCA

Fund managers must build holistic internal infrastructure to deal not just with the US Foreign Account Tax Compliance Act (FATCA) but other global tax reporting rules that will inevitably be implemented in due course, according to KPMG.

Posted on: 26 Jun, 2014
Posted in: Regulation

Attitudes to AIFMD mellowing, finds Multifonds' survey

Attitudes towards the Alternative Investment Fund Managers Directive (AIFMD) appear to be mellowing, according to a survey by Multifonds, the fund software company.

Posted on: 23 Jun, 2014
Posted in: Regulation

Fund Forum: Technology giants could enter fund management

Technology behemoths such as Apple, Google or Amazon could enter the fund management space over the next few years, according to panellists, speaking at Fund Forum in Monte Carlo.

Posted on: 23 Jun, 2014
Posted in: Launches

Asset management industry to shrink by half in next 15 years, says KPMG

Nearly half of all asset managers will not exist by 2030 as client demographics, technology and social behaviour undergo rapid transformation, according to a report by KPMG.

Posted on: 16 Jun, 2014
Posted in: Launches

KPMG acquires Rothstein Kass

KPMG has acquired the New Jersey-based Rothstein Kass enabling the firm to leapfrog Ernst & Young (EY) to become the largest auditor of hedge funds by numbers.

Posted on: 30 May, 2014
Posted in: People Moves

Hedge Funds Care to host London benefit gala dinner

Help for Children UK (HFC UK), formerly known as Hedge Funds Care, will host its flagship event – the annual London Benefit gala dinner – at The Dorchester on December 5.

Posted on: 06 Nov, 2013
Posted in: Investors


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