SFDR – the new ESG regulation in the European Union

Over recent years the EU made a significant political decision to establish a package of Environmental, Social and Governance (“ESG”) initiatives and legislation to move Europe toward several Sustainability goals. Within the package of initiatives is the sustainability related disclosure in the financial services sector Regulation (“SFDR”). This requires financial actors to consider two main…

FCA deliver crystal ball (and just in time for Christmas)

Overdue and much anticipated, the FCA issued its Interim Report on the Asset Management Market (Report) on 18 November. The FCA identified a series of issues and proposed a number of fixes, including recommendations aimed at enhancing transparency around fees, charges and fund governance. Private equity funds were not within the scope of its study,…

Brexit: Plus ça change for UK alternative fund managers?

The full impact of Brexit for the alternative funds sector will not be known for some time. But in this article we argue that UK, EU and non-EU alternative fund managers are unlikely to be significantly adversely affected and that even in a worst case scenario there will be relatively straightforward work-arounds. Managers are understandably…