How Long to Read The European Alternative Investment Fund Managers Directive (AIFMD)

How Long Does it Take to Read The European Alternative Investment Fund Managers Directive (AIFMD)?

It takes the average reader 3 hours and 50 minutes to read The European Alternative Investment Fund Managers Directive (AIFMD) by Thomas Bernhardt

Assuming a reading speed of 250 words per minute. Learn more

Description

The European Alternative Investment Fund Managers Directive (AIFMD) has been formulated as a response to the global financial crisis, which climaxed in the collapse of Lehman Brothers on 15 September 2008. The securitisation of real estate risks that came about by launching financial innovations such as asset-backed securities (ABS), mortgage-backed securities (MBS), collateralised debt obligations (CDO) or structured investment vehicles (SIV) contributed particularly to the fast worldwide circulation of ‘poisoned’ papers. Assuming that the financial crisis of 2008/2009 was the consequence of wrongfully set incentives that primarily concerned the fund managers’ remuneration, the European Commission followed the ideas of Jacques de Larosière, Klaus-Heiner Lehne and Poul Nyrup Rasmussen and set the legal focus on the fund managers, as these entities launch and distribute financial products such as those mentioned above and also decide on the investment strategy that might bear systemic risks. Due to their financial market potential and in view of the design of financial products, these entities admittedly have a strong impact on the financial market development and may jointly be responsible for the realisation of systemic risks of transnational dimensions. In particular, in the view of a steady credit supply of the real economy, the enormous transnational mobility of capital and the global competition of financial market regulations, it seems doubtful whether one can identify the fund managers as those responsible for the financial market crisis of 2008/2009. This thesis highlights the history, symptoms and supposed core reasons of the financial crisis of 2008/2009 and critically assesses whether the AIFMD can reach its objective to effectively contain systemic risks in the context of a globalised financial system.

How long is The European Alternative Investment Fund Managers Directive (AIFMD)?

The European Alternative Investment Fund Managers Directive (AIFMD) by Thomas Bernhardt is 230 pages long, and a total of 57,500 words.

This makes it 78% the length of the average book. It also has 70% more words than the average book.

How Long Does it Take to Read The European Alternative Investment Fund Managers Directive (AIFMD) Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 14 minutes to read The European Alternative Investment Fund Managers Directive (AIFMD) aloud.

What Reading Level is The European Alternative Investment Fund Managers Directive (AIFMD)?

The European Alternative Investment Fund Managers Directive (AIFMD) is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The European Alternative Investment Fund Managers Directive (AIFMD)?

The European Alternative Investment Fund Managers Directive (AIFMD) by Thomas Bernhardt is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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