SPL Private Finance (PF1) IC Ltd and others v Arch Financial Products LLP and others; SPL Private Finance (PF2) IC Ltd and others v Robin Farrell An investment manager, Arch Financial Products LLP (Arch FP), was found to have breached its fiduciary duties in advising upon an investment which was not in the best interests […]

The Alternative Investment Fund Managers’ Directive (‘AIFMD’) applies to managers (‘AIFMs’) of non-UCITS collective investment undertakings, referred to as Alternative Investment Funds (‘AIFs’). This term encompasses a wide range of funds, including hedge funds, private equity funds, and real estate funds, as well as investment trusts. AIFMs are generally aimed at professional investors, but individual […]