The new General Data Protection Regulation (GDPR) will come into force in May 2018 and will bring with it onerous fines of 4% of the previous year’s turnover or €20 million, whichever is the greater, for non-compliance.
How are globalisation and breath-taking advances in technology determining what happens to the EU’s highly attractive market?
The number one strategic priority for hedge fund firms, according to EY’s latest Global Hedge Fund and Investor Survey, is asset growth. It’s not difficult to see why.
Reading some of the mainstream financial press, you would be forgiven for thinking that the hedge fund business model is dead.
There has been a huge amount of coverage about the decisions of Calpers, Nycers and the New Jersey Investment Council to get out of or reduce their hedge fund allocations, but the big move into hedge funds by Asian institutional investors this year has not been so widely reported.
As much as Donald Trump’s public relations faux pas regarding Gold Star parents has dominated the headlines, we must hope that the real focus will be on the more serious issues…
After spending a few years living and working in financial services PR in the Middle East, several things have struck me upon my recent return to London.