Swiss Mountain

The implications of the new Swiss rules on the distribution of Private Equity Funds in Switzerland

In September 2012, Switzerland adopted a new law to regulate its prosperous but mostly unregulated financial industry. The law triggered the revision of two documents defining the distribution of collective investment schemes in Switzerland. Those documents are known as the Collective Investment Scheme Act (“CISA”) and the Collective Investment Ordinance (“CISO”). CISA and CISO entered into force on March 1st, 2013.

Long Game

PLAYING THE LONG GAME ‘INVESTMENT IN APAC’

Apex Asia raises its game and walks away with an award for service at the HFM awards; ‘Best Administrator over $30bn for FOHF’ As the Rugby World Cup 2015 gets into full swing and competition across the globe heats up, Apex Asia demonstrates its strength in the global market by stepping easily into the “Above…

Piggy Bank

INVESTORS DEMAND TRANSPARENCY ‘IT’S A PARTNERSHIP’

Service providers under the spotlight There has recently been a marked shift in the alternative asset management industry in relation to how investors and managers view their service providers. The post Madoff investment environment has demanded changes and many fear the due diligence process has turned into a “tick box” exercise lacking in value and…

Indian Investments

INDIAN INVESTMENTS ‘AN EARLY INNINGS’

It’s not too late to invest in India. The International Monetary Fund (IMF) recently predicted that India would be the fastest growing major economy in the world by 2016. It has already become evident that investors are starting to look to mutual funds and ETFs with significant Indian holdings in order to take advantage of…

Perfect storm

BRAZIL ‘A PERFECT POLITICAL STORM’

Keith Mahon, Managing Director of Apex Uruguay, talks about the political economic situation in Brazil as it undergoes a “perfect storm” of political instability and economic weakness: “Brazil was for years the first letter of the BRICS´, a symbol for the massive growth of the developing world in the previous decade. Now, however, the situation has…

Brazil

ARGENTINA POLITICS & ASSET SERVICING

Keith Mahon, Managing Director of Apex Uruguay talks about the political ramifications of the NML Capital debt case against Argentina: “The monetary amounts involved in the Argentina/NML pari passu case are a drop in the ocean compared with the global market. However, the political ramifications far outweigh the money concerned and given that there is…

Handshake

RECOGNISING AND SUPPORTING THE MANAGERS OF THE FUTURE

As 2015 begins, the alternative investment space can look back on a positive year of revival for emerging managers. With an increase in both the size and regularity of successful new fund launches in 2014 the actions of the major bank administrators in recent weeks has been somewhat surprising. Hedge Funds Review reported that, as…