Governance rules for Irish fund management companies

‘CP86’ as the Fund Management Company Guidance has continued to be referred to as, is now back at the forefront of Irish Fund industry. Following its implementation in July 2018, the Central Bank of Ireland carried out several desktop and on-site reviews of the industry’s approach and implementation of the regime, the results of which…

Stretching it: Brand and franchise extensions for ambitious fund managers

It’s the first day of April: New Year and other seasonal celebrations are little more than a memory, and spring has “sprung”. The clocks have gone forward, both in North America and Europe, and at this time, each year, dear reader, we like to depart from our usual diet of communications advice and present some…

Substance in the Cayman Islands: Testing times for fund management businesses

The introduction of The International Tax Co-operation (Economic Substance) Law, 2018 (“ES Law”) in the Cayman Islands and the associated regulatory guidance has received a lot of attention lately. Rightly so in many respects, as it further demonstrates the commitment of the Cayman Islands to adopting international best practice standards. The ES Law represents the…

Restrictive covenants: Eight top tips for asset managers

To see a breakdown of what “restrictive covenants” are view our recent article: Restrictive covenants: Management non-competes. For all the transformation that the internet has wrought across the business of investing, alternative asset management is still very much a “people” business. When investors subscribe capital to a fund, for instance, they are effectively backing the…