Recent changes to the Volcker Rule provide banks with more flexibility to invest in or sponsor certain activities in hedge funds, private equity funds and family wealth management vehicles – known collectively as “covered funds.” The exclusion of family wealth management vehicles and other funds from the covered fund provisions is clearly a big win
Recent changes to the Volcker Rule provide banks with more flexibility to invest in or sponsor certain activities in hedge funds, private equity funds and family wealth management vehicles – known collectively as “covered funds.”
The exclusion of family wealth management vehicles and other funds from the covered fund provisions is clearly a big win for banks. But what about family offices? Read the article to learn more.