In March 2018, the European Commission released a proposal to amend the AIFM directive in order to provide further clarity as to what constitutes pre-marketing. The proposal, if accepted, should be adopted in May 2019, and should then be implemented … Continue reading →

Investor Ownership, Classification & Liquidity: Reporting for Alternative Investments under Alternative Investment Fund Managers Directive (AIFMD) requires the funds to report various investor-related questions; 1)      Top 5 investors’ aggregate percentage (or %) holding in the fund 2)      Ownership by investor … Continue reading →

Alternative Investments form one of the investment vehicles that provide high returns to the investors, but at high risk. The risk in alternative investments is driven by factors such as: type of instruments, type of industry/sector, region in which investments … Continue reading →

AIFMD Annex IV reporting data can be classified into: Static data such as name of the fund house, name of the fund, legal entity code etc. Calculated data such as Asset under Management (or AuM), geographical focus, concentration of assets, … Continue reading →

Asset under Management (AUM), portfolio liquidity and investor liquidity are critical yardsticks to measure the fund’s performance. Regulators require fund managers to disclose these information in their regulatory report in order to ensure more transparency in the market and to … Continue reading →

The European Union (EU) has commenced regulations for Alternative Investments managed or marketed in the European Economic Area (or EEA). The reporting obligation shall depend upon the Asset under Management (or AuM) of the fund marketed or managed in the … Continue reading →