The European Securities and Markets Authority (ESMA) has published the letter it received from the European Commission (EC) in respect of its advice on the application of the Alternative Investment Fund Managers Directive (AIFMD) passport to non-EU AIFMs and AIFs, and ESMA's opinion on the functioning of the passport for EU AIFMs and on the national private placement regimes' (NPPRs).

ACOFI Gestion has selected CACEIS as the depositary, registrar and settlement bank for two securitisation funds, one of which qualifies as a fund for direct lending to the economy.

Sebastian Radcliffe, manager of the Jupiter North American Income Fund, comments on the decision by the US Federal Reserve to increase interest rates for the first time since 2006

CalPERS decided to end its hedge fund program, Absolute Return Strategies (ARS), in September of 2014. The matter was widely covered in the media and drew considerable attention at the time. As CalPERS indicated very clearly at that time, program performance was not a key driver of the decision.

On 15 January 2016, CNP Assurances completed a $500 million subordinated bond private placement with a major institutional investor. CNP Assurances took advantage of a specific request from the investor.