Purpose – The purpose of this paper is to test two hypotheses: first, that the regulatory framework applicable to funds in Malta and the Malta Financial Services Authority's (MFSA's) approach to financial supervision, have been instrumental to the process which made Malta an attractive...

Purpose – The aim of this paper is to analyze the impact of the Markets in Financial Instruments Directive (MiFID) on investment managers but also on funds' units as financial instruments. Design/methodology/approach – Starting from the innovative legislative structure and scope of the...

Purpose – The objective of this paper is to review Spanish regulatory evolution in the collective investment area, which is very recent in its principal aspects. Design/methodology/approach – The paper assesses the way investment funds are impacted by the Markets in Financial Instruments...

Purpose – This paper aims to report and comment on the Court of Appeal ruling on Real Estate Opportunities Ltd v. Aberdeen Asset Managers Jersey Ltd and others. Design/methodology/approach – The paper outlines the facts surrounding this decision and the action involved. Findings – The...

Purpose – The purpose of this paper is to provide a detailed overview of the China Investment Corporation (CIC) and its structure, investment activities and possible future investments. Design/methodology/approach – This paper uses a case study approach and builds up a picture of sovereign...

Purpose – The aim of this paper is to analyze the impact of the Markets in Financial Instruments Directive (MiFID) on investment managers but also on funds' units as financial instruments. Design/methodology/approach – Starting from the innovative legislative structure and scope of the...

Purpose – This paper aims to report and comment on the Court of Appeal ruling on Real Estate Opportunities Ltd v. Aberdeen Asset Managers Jersey Ltd and others . Design/methodology/approach – The paper outlines the facts surrounding this decision and the action involved. Findings – The...

Purpose – The objective of this paper is to review Spanish regulatory evolution in the collective investment area, which is very recent in its principal aspects. Design/methodology/approach – The paper assesses the way investment funds are impacted by the Markets in Financial Instruments...

Purpose – The purpose of this paper is to provide a detailed overview of the China Investment Corporation (CIC) and its structure, investment activities and possible future investments. Design/methodology/approach – This paper uses a case study approach and builds up a picture of sovereign...

Purpose – Where there has been little in‐depth understanding of sovereign wealth funds, the purpose of this paper is to describe the complex nature of one of the world's largest sovereign wealth funds, Temasek Holdings (“Temasek”), whose “active” investment strategy has been emulated...