FORWARD FEATURES CALENDAR

Insight

Announcement

SA institutions lack exposure to alt and PE assets, says Old Mutual

South African institutions are, on average, lacking significant commitment to alternative assets and private equity investments, with many funds having no exposure at all, says Old Mutual Alternative Investments.  However, since 2000, Old Mutual has steadily increased the percentage allocation of its total investment portfolio to alternative assets including private

Nicolaas Faure, executive director, Drake Advisors

Seeing the fruits of the Approved Manager regime

According to the Q3 statistical bulletin published by the BVI Financial Services Commission (FSC), the islands’ financial regulator, a total of 27 limited partnerships were recorded in Q2 2014 compared to 16 in Q2 2013. That figure rose in Q3 to 36.  This is good news for the jurisdiction as it

Marie-Claire Fudge, Mourant Ozannes

Interest in BVI segregated portfolio companies rises

There appears to have been a real pick-up in interest in BVI segregated portfolio company (SPC) formations over the last 12 months. Many recent conversations with start-up managers seem to be about forming such structures according to Marie-Claire Fudge (pictured), head of Mourant Ozannes’ BVI funds practice.  A BVI SPC

Grant Green, KPMG

BVI fund structuring and corporate governance developments

By James Williams – There’s a general air of optimism among the BVI’s fund practitioners. Although the average hedge fund recorded sub-four per cent, the lowest average return since 2011, there was nevertheless a clear uptick in trading activity, principally among some of the islands’ larger managers.  “Those with established

Ace-Mara-Alido-Spencer

Steady growth in fund subscriptions

In many respects 2014 was a year of consolidation and possibly a sign of better things to come in the BVI in the view of Mara Spencer (pictured), Managing Director of ACE Fund Services. It was, she says, a period of stability during which certain strategy funds, in particular those

Simon Schilder, Partner, Ogier

New fund products being proposed to the FSC

The BVI has seen some good traction in the Approved Manager regime since it was introduced at the end of 2012. Whilst this has proved popular with start-up and small- to mid-sized managers looking for a lighter touch regulatory oversight from the local regulator, the feeling amongst the islands’ leading

James Williams, Hedgeweek

BVI funds sector calls for introduction of new products

By James Williams (pictured) – It seems the decision by the BVI’s financial regulator, the Financial Services Commission (FSC), last year to extend the Approved Manager regime to managers running non-BVI funds, as well as those running managed accounts, was prudent. During the course of 2014, several of the islands’

Announcement

Regulators to focus on market abuse, says survey

Market abuse is expected to be one of the primary focuses of regulators in the coming year, according to a global survey of nearly 300 finance professionals conducted by Kinetic Partners.  Regarding what respondents believed the priority for regulators would be in 2015, twice as many senior executives cited market

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