Credit lines reduce the need for multiple capital calls and mean that managers can stay liquid without needing to hold large cash reserves.

One of the primary concerns for UK financial services firms will be their ability to continue to access the European Union (EU) market post-Brexit. The passporting benefits of both the Alternative Investment Fund Managers Directive (AIFMD) and Undertakings for Collective Investment in Transferable Securities (UCITS) could potentially be lost to UK managers and funds.

In an environment where performance has been challenging, the mainstream media continues to ramp up its negative rhetoric about the future of alternative investments. The gist of it seems to be that the 2/20 fee model is not generating the requisite value and that the day of reckoning is nigh.

Like many things, CitcoOne began with an innocuous question. It was time to refresh the web portal and universal opinion within Citco was that the next version needed to deliver more data. But when we talked to clients about what they wanted, they talked more about outcomes, such as transparency, insight and user experience. All these discussions coalesced into one when a client asked: “But how can you make it simple?”