Brexit delay takes its toll
Regulation of the EU fund industry is in limbo until Brexit is resolved. AIFMD II, the passport extension etc have been on hold for some time. That looks like continuing for much of 2019. No one now knows if UK managers will be subject to EU regulation in future.
Beware the 3 Bs
The 3 Bs (BEPS, Brexit and Brussels) have arrived on the scene at about the same time to massively complicate the industry’s structure. The industry has been allowed to develop without much outside political interference over the last 30 years. That is now changing.
US view of ManCos
Research conducted by the Tracker for its recent New York conference shows that US managers interested in Europe often have doubts about joining ManCo hosting platforms. Lack of control, amongst other factors, holds them back.
FinTech the saviour in Dublin?
The Irish fund industry is at full capacity. It’s become difficult to fill vacancies. An even bigger investment in FinTech than at present is probably the only way the industry can continue to grow.
The substance Tsunami in Dublin and Luxembourg
How do substance requirements in Dublin and Luxembourg compare? And how much does the recent extra regulation help investors? Is all the oversight in these jurisdictions really necessary?