Fund Management
Rapid and widespread developments have characterized and still characterize the fund industry. Fundamental to this has been the trend in the regulatory area of funds and fund managers, mainly through the UCITS, AIFM and MiFID Directives.
The new and changing responsibilities sets increasing pressure on, among other things, organization, risk management, compliance, governance and valuation. This, coupled with, a strengthened supervision and requirement from EU regulators poses challenges for fund managers in ongoing operation.