Regulation & Legal

With the first details of the BoE stress test now emerging, firms had better get ready for a surge in interest from regulators.

The UK’s central bank has published details of its upcoming stress test of private credit markets and confirmed some of the firms taking part.

The body’s focus on expanding regulation of private credit funds is misplaced and inconsistent with prudential logic.

Five years ago, IMCO Invest set out to build a global credit strategy. Ahead of the Women in Private Markets Summit, the pioneer of that strategy, Jennifer Hartviksen, tells us how it has developed.

Recent bankruptcies have highlighted the need for extensive due diligence and, also, post-deal monitoring of risk in asset-based finance. Are relative newcomers to the space sufficiently equipped?

Is the problem a mark-to-model issue or the lack of a sound business plan by a mid-market concern?

Early results from an ILPA survey suggest LPs are ready to draw a line in the sand when it comes to investing with managers chasing retail capital.

The incumbent has left the Hong Kong-based firm, which has a $46.5bn investment portfolio, after a seven-year tenure.

ASIC says it needs ‘greater visibility’ to support market integrity and help maintain confidence, and will carry out ‘targeted surveillance’ in the next 18 months.