CSA proposes new caps on alternative fund holdings
Last week, the Canadian Securities Administrators (CSA) proposed amendments to the rules governing alternative funds. They contemplate a number of investment restrictions, including concentration limits, limits on illiquid assets, and limits to the amount of leverage that a fund may employ.
"In the last decade, the range of investment fund products and strategies in the marketplace has ...
by Andrew Rickard Sept. 26, 2016, 1:30 p.m.