ALFI
Alternatives | 14 Jul 16
Luxembourg’s new alternative investment fund vehicle approved
Luxembourg’s reserved alternative investment fund (Raif) has been approved by the duchy’s parliament and will come into force three days after publication in Luxembourg’s official gazette.
Reserved AIFs will come to market by the end of June
The Reserved Alternative Investment Fund (RAIF), a new type of EU-wide investment vehicle, will be available by the end of June, according to prominent Luxembourg-based lawyer Jacques Elvinger.
Fears of rising depositary fees follow Ucits V introduction
The introduction of a new law governing Ucits could lead to an increase in fees charged by depositary banks responsible for holding the funds, industry experts have warned.
ALFI sees Brexit uncertainty but Chinese opportunity
Asset managers with an anchor in Europe most likely won’t be losing too much sleep over the prospect of the UK leaving the EU, but they should still be preparing for the coming uncertainty, says ALFI.
Alternatives | 15 Dec 15
Luxembourg drafts new law for Reserved AIFs
Luxembourg has published draft legislation on a new alternative fund structure; the Reserved Alternative Investment Fund (RAIF), which is expected to be adopted in the second quarter of 2016.