Alts managers relaxed on rising compliance costs

Alternative fund managers are confident that rising regulatory costs will not stifle growth as demand rises for the products they offer, according to a survey by State Street and data provider Preqin. “Regulation is a challenge, particularly now,” says George Sullivan, global head of State Street’s alternative investment solutions group. “These managers are facing off with rules that are either on the brink of being implemented or, in the case of the US, happening.” This include…