Facing lacklustre performance and significant redemptions, hedge funds have had to adapt to attract capital.

In the last decade, subsidiary governance has emerged as its own discipline. Having a systematic approach to the management of international entities will not only result in transparency, control and consistency across jurisdictions it also protects the directors and avoids monetary or criminal penalties and ultimately safeguards shareholders value.

In April 2018, the European Parliament adopted the European Commission’s fifth Anti-Money Laundering Directive, increasing the level of scrutiny that companies, organisations and individuals will face from regulators.

In 2018 both global and US corporate Mergers & Acquisitions (“M&A”) activity hit record highs, driven by deal-making in the energy, media and healthcare sectors.