In the third quarter of 2023, Dutch investment funds achieved relatively solid returns, despite falling global bond and equity prices, as revealed by new DNB figures.Read more
Brief answer Subject to explicit approval by the AFM, an AIFMD manager may perform the following investment services: (1) managing individual assets, (2) giving advice and (3) receiving and transmitting orders. In addition, the AIFMD manager may perform the ancillary service of custody and administration of units in investment funds and UCITS. The AIFMD manager must however comply with the legal requirements pertaining to these services, i.e. it is subject to the same requirements as investment firms performing these activities. The requirements that apply depend on the nature of the activities that the institution performs rather than on its authorisation.