This extensively revised title is a comprehensive single volume resource for all those involved in the setting up and operation of funds. Written in jargon-free language by one of the foremost practitioners in the area, this new edition has been extensively revised to cover all current regulatory and legislative developments. Featuring: • The new UK financial services infrastructure and the role of the FCA • The alternative investment fund managers directive and its implications • The Dodd-Frank act and the JOBS act in the US • Other post-credit crisis developments in governance and best practice • Hedge funds, private equity funds, real estate funds and other unregulated collective investment schemes • Coverage of liquidity, stress testing, governance and risk
