- 1 What are the risks associated with an alternative investment fund?
- 2 Who does AIFMD apply?
- 3 What is the difference between Ucits and AIFMD?
- 4 What are Ucits and AIFMD?
- 5 How do I get an AIF designation?
- 6 Is an AIF a collective investment scheme?
- 7 Is a pension fund an AIF?
- 8 Who regulates alternative investment funds?
- 9 What is the difference between mutual fund and alternative investment fund?
- 10 What is not included in Alternative Investment Fund?
- 11 Are options alternative investments?
- 12 How do I create an alternative investment fund?
- 13 What are investment restrictions?
An AIFM is defined as an entity that provides, at a minimum, portfolio management and risk management services to one or more AIFs as its regular business irrespective of where the AIFs are located or what legal form the AIFM takes.
Subsequently, what is an Afim? Accredited Fiduciary Investment Manager® For Individuals: The AFIM® demonstrates to executive management that you have the skills and knowledge to operate successfully at the highest level of this field. It gives you more visibility, shows commitment to your career, and sets you apart from others in the industry.
Likewise, is an AIF regulated? By contrast, unregulated AIFs are regulated only indirectly via their AIFM. There is no regulation at the level of the AIF (product) itself.
Correspondingly, what are alternative investment funds? Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors.
Also, what is an investment directive? The directive points out that alternative investment funds are only intended for professional investors, although some member states can choose to make these funds available to retail investors as long as additional safeguards are applied at a national level.
What are the risks associated with an alternative investment fund?
- LTV. The loan-to-value ratio is the ratio of a loan to the value of the financed asset.
- Default risk.
- Concentration risk vs.
- Liquidity risk.
- Uncertainty in timing.
- Principal risk.
- Frequency of payments.
Who does AIFMD apply?
The AIFMD applies not only to European Union (EU) AIFMs, but also to those non- EU AIFMs that are managing or marketing AIFMs in EU Member States which have transposed the AIFMD into national law.
What is the difference between Ucits and AIFMD?
The key difference between the two texts is that UCITS requires a “risk management process” that “enables it to monitor, measure at any time” whereas the AIFMD legislation require “risk management systems” that will be used “in order to identify, measure, manage and monitor all risks … to which each AIF is or may be …
What are Ucits and AIFMD?
The two main pieces of EU legislation in this area are the Directive on Undertakings for Collective Investment in Transferable Securities (UCITS) and the Alternative Investment Fund Managers Directive (AIFMD).
How do I get an AIF designation?
- Enroll in and complete AIF® Training that satisfies AIF® Training requirements.
- Pass the AIF® Examination.
- Meet the experience requirement (prerequisites)
- Satisfy the Code of Ethics and Conduct Standards.
Is an AIF a collective investment scheme?
The definition of a collective investment scheme does not exclude an AIF. The two definitions sit alongside each other and overlap extensively. Many AIFs will also be collective investment schemes.
Is a pension fund an AIF?
An AIF does not become a pension fund, merely because pension funds invest into it. So managers managing such AIFs are covered by the AIFMD. Under the AIFMD the individual portfolio management of a pension fund by an AIFM can be done only under the conditions laid down in Article 6.
Who regulates alternative investment funds?
Definition : In India, alternative investment funds (AIFs) are defined in Regulation 2(1) (b) of Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012.
What is the difference between mutual fund and alternative investment fund?
“Typically, the AIF provider will give you past returns on its own performance. However, unlike mutual funds, past returns on peer funds is not available,” said Awasthi. … You may have to pay a 2% management fee on the total value of your AIF investment every year and a 20% share in the profits that the AIF generates.
What is not included in Alternative Investment Fund?
It does not include funds covered under the SEBI (Collective Investment Schemes) Regulations, 1999, SEBI (Mutual Funds) Regulations, 1996 or any other regulations of SEBI (Securities and Exchange Board of India) regulating fund management activities.
Are options alternative investments?
Investors can buy and sell commodities directly on the stock market or via derivatives such as futures and options. Commodities are another great alternative investment because they’re one of the few asset classes that actually benefit from inflation.
How do I create an alternative investment fund?
- The Applicant for grant of registration as an Alternative Investment Fund under SEBI (Alternative Investment Funds) Regulations, 2012 should make an application to SEBI in Form A as provided in the Regulations along with all the necessary documents. 2.
What are investment restrictions?
Investment Restrictions means the applicable framework for the selection of, and adjustments to, the Strategy-Components, as specified in the Pricing Supplement.