Regulation

The downfall of Abraaj Group, political risk and currency volatility have led to a less than rosy picture for EM fundraising this year.

Stiff penalties apply to GPs eyeing deals in France who do not comply with rules around foreign investment and obtaining merger clearance, according to law firm Franklin.

Two industry experts involved in the latest consultation process for Solvency II summarise the key points and how they affect insurers' private equities investments.

The Cost Transparency Initiative – which covers around £180bn of scheme assets – will run a pilot phase to test the new templates and supporting materials until January 2019.

Two major policy changes in Washington – the tax reform bill and tariffs on Chinese imports – have been talking points in the US financial community this year but are not yet affecting portfolios.

Ballots are set for 6 November, and firms are reminding their employees about rules relating to campaign contributions.

Private equity managers and their LPs could stand to lose from government intervention on foreign direct investment.

The chairman and chief executive officer of Willett Advisors – which manages the personal and philanthropic investment assets of Michael Bloomberg – and former Counselor to the Secretary of the Treasury, shared his thoughts on the US economy at the PDI New York Forum in September.

Complexity, opacity and a lack of standardisation have slowed efforts to improve reporting, a conference has heard.

The Trump administration will have 120 days to present a reorganisation plan to Congress to transfer agencies, personnel, assets and obligations to the newly created IDFC.