Framework in place for investment funds Macedonia has a legal framework for setting up and managing investment funds but as yet no such funds exist. By Ljubica Ruben and Milco Kupev of Mens Legis Law Firm
Cesr clears up confusion over eligible assets Christian Kremer and Caroline Migeot of Kremer Associés & Clifford Chance focus on the eligibility of derivative instruments on financial indices for investment by harmonized Ucits
Tax changes overshadow regulatory improvements The good news is that Belgium has brought its regulatory framework up to EU standards and beyond. The bad news is that it has partially removed its favourable tax treatment of accumulation units. By Bert Verdoodt of Clifford Chance
Investment funds wake the sleeping dragon Fund management is an ideal vehicle to direct billions of domestic savings towards Chinese companies, and China is adjusting its regulatory framework towards this end. Raphaël Chantelot and David Boitout of Gide Loyrette Nouel explain
How funds are managed in Hungary Péter Bálint of Bán S Szabó & Partners gives an overview of fund management in Hungary
Lessons in lending to Irish regulated investment funds Niall Horgan of Matheson Ormsby Prentice outlines some of the considerations in lending to Irish-domiciled, regulated investment funds
How offshore funds are marketed in Korea Young-Man Huh, Hee-Jung Shim and Pil-Kook Lee of Kim & Chang explain the ins and outs of marketing and selling offshore hedge funds in their country
Luxembourg: fertile ground for real estate funds Joëlle Hauser and Olivier Lambertyn of Kremer Associés & Clifford Chance explain how Luxembourg is offering yet more real estate investment opportunities
New year ushers in marketing opportunities Robert Smits and Ate van IJlzinga Veenstra of Clifford Chance Amsterdam outline the Dutch regulatory regime for marketing investment funds and discuss recent changes to Dutch investment funds legislation
Sympathetic regulation boosts fund activity Portugal regulates fund management in a way that meets investor demand for flexibility and tax benefits. By Carlos de Sousa e Brito and João Pereira Marques of Carlos de Sousa e Brito & Associados Law Firm
Investment fund regulation under revision Swiss legal reform aims to make the country more competitive in the international investment fund market. Philippe Borens, Lionel Aeschlimann and Mark-Oliver Baumgarten of Schellenberg Wittmer outline the changes
Alternative investments attract mainstream investors Thiha Tun and Scott Cochrane of Herbert Smith examine alternative investments' growth in popularity and highlight industry trends
Funds face increased scrutiny in 2006 The coming year will bring legal and regulatory challenges for the US mutual fund industry, its advisers and the SEC, says Steven R Howard of Thacher Proffitt
