Heritage launches AIFM risk management service
25 August 2017 Guernsey
Image: Shutterstock
Heritage International Fund Managers (HIFM) is launching a new portfolio and risk management service for alternative funds, through its management company solution.
The Heritage Manco and Risk Management Services is intended to help alternative investment funds meet the requirements of the Alternative Investment Fund Managers Directive (AIFMD).
It will provide various risk management services including the setup, monitoring of alternative investment funds, as well as reporting against a risk framework to the required competent authorities.
Kevin Smith, a director at HIFM, said: “Alternative investment funds and promoters are increasingly keen to outsource their risk management and AIFM requirements to experienced third parties, as regulations are becoming more complex and stringent.”
He continued: “By appointing HIFM as AIFM an investment adviser can create an effective segregation between portfolio and risk management freeing up time and resources to concentrate solely on their core competencies.”
According to HIFM, the introduction of this service is in line with an increasing demand from funds marketing into the EU via National Private Placement Regimes.
The Heritage Manco and Risk Management Services is intended to help alternative investment funds meet the requirements of the Alternative Investment Fund Managers Directive (AIFMD).
It will provide various risk management services including the setup, monitoring of alternative investment funds, as well as reporting against a risk framework to the required competent authorities.
Kevin Smith, a director at HIFM, said: “Alternative investment funds and promoters are increasingly keen to outsource their risk management and AIFM requirements to experienced third parties, as regulations are becoming more complex and stringent.”
He continued: “By appointing HIFM as AIFM an investment adviser can create an effective segregation between portfolio and risk management freeing up time and resources to concentrate solely on their core competencies.”
According to HIFM, the introduction of this service is in line with an increasing demand from funds marketing into the EU via National Private Placement Regimes.
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