European Union

NETHERLANDS - The implementation of the Directive on Alternative Investment Fund Managers (AIFM) in its current form could result in an annual loss of around €1.5bn (US$2.2bn) for Dutch pension funds, and a reallocation into more traditional asset classes,...

As the year winds to a close, Global Pensions takes a look back at the top 10 most read news stories of the year.

EUROPE - Increased reporting on debt has been introduced by the third compromise version of the Alternative Investment Fund Managers (AIFM) directive released today by the Swedish Presidency of the European Council.

EUROPE - The European Fund and Asset Management Association (EFAMA) has hired consultant McKinsey to formulate proposals aimed at the European Commission on fund distribution and long-term savings.

EUROPE - The revised text of the European Directive on Alternative Investment Fund Managers (AIFM) outlining limitations on ways hedge funds and private equity managers are paid has been released.

EUROPE/GERMANY - The European Commission asked Germany to amend its legislation on taxation of dividends paid to German pension funds, arguing the higher tax paid by foreign investors is discriminatory against non-German pension funds.

EUROPE - The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

EUROPE - The vast majority of UCITS asset managers are set to consolidate their various companies as they prepare for the implementation of the UCITS IV directive.

EUROPE - The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

EUROPE - The European Commission is planning a clamp down on derivatives trading by introducing restrictive measures in the European Union.