Asian hedge funds relaxed about Mifid II

Asia-based hedge fund managers appear sanguine about the potential impact of Europe’s incoming second Markets in Financial Instruments Directive (Mifid II), and that is understandable, said Adam Jacobs-Dean, head of global markets regulation at the Alternative Investment Management Association (Aima). However, they should be aware that some of the new requirements – due to take effect from January 3 next year – may well have implications for their business and how they trade, he t…