December-January 2015

Fiona RintoulThe best kind of research is the kind that confirms what you already believe. Thus, I was delighted to stumble across some new research from Kathleen D Vohs, professor of

BallerinaIn the march towards financial stability, attention is turning towards the funds industry. Asset management denies it poses a systemic risk. But Fiona Rintoul finds this view may be too shallow. 

Litmus paperIn theory, absolute return bond funds should make money in all market scenarios. But when they are tested, such as during the 2013 taper tantrum, not all succeed. George Mitton reports.

Xavier GuillonScrapping rebates could hurt less well-known fund houses and stifle consumer choice, Xavier Guillon, the head of Oyster Funds from Switzerland’s Syz Asset Management, tells Nick Fitzpatrick

Fasion modelBreaking up conglomerates is challenging, but investment banks often pitch the concept that value in individual businesses will be set free. Stefanie Eschenbacher explores the investment case for conglomerates.

ContactlessHow expensive will the AIFMD be for hedge funds and their administrators? Stefanie Eschenbacher seeks numbers and asks if costs will be passed down the chain.

Assorted sweetsFrom multi-asset strategies to funds of funds, there has always been demand for products that can spread risk across portfolios. George Mitton talks first to a top-down, multi-asset investor, and then to a fund of hedge funds provider who prefers a bottom-up approach.

LionIn many cases investment banks have brought their custody and  capital markets businesses closer together. But is this a good mix? Nick Fitzpatrick talks to a number of custody heads about the implications.

BarometerLow interest rates and quantitative easing are there to foster growth. But the custodians see another side of the story. Nick Fitzpatrick talks to custody heads about countering revenue pressure.

GlassesTransparency of advisor fees – an aim of regulators everywhere – is increasing professionalism in retail financial advice. But the shift is a painful one. A panel of advisors met to discuss why.

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Sponsored Profiles

SPONSORED FEATURE: Alternative thinking

Mar 16, 2017

Portfolio Manager Davide Cataldo discusses the results of the Pioneer Investments’ survey on liquid alternatives and how investors can be encouraged to increase their allocation.

SPONSORED FEATURE: Interest rate risk hedging: Swapping to other options

Mar 16, 2017

Heightened margin requirements for cleared and uncleared OTC derivatives pose a challenge for legitimate hedging activities and are driving financial institutions to explore alternative hedging...

SPONSORED FEATURE: Why blockchain could be the fund industry’s next Ford Model T

Mar 16, 2017

Blockchain aims to radically change the way investors can access funds, says Olivier Portenseigne, Managing Director and Chief Commercial Officer of Fundsquare.

SPONSORED FEATURE: Open architecture: In need of protection

Mar 16, 2017

Greater efficiency must be embraced to ensure regulatory changes do not destroy choice for fund buyers, says Bernard Tancré of Clearstream.

Executive Interviews

CEO INTERVIEW: Munro gains three-year track record

Mar 16, 2017

Aviva Investors’ annual results this month were the third set since Euan Munro took over as CEO. Nick Fitzpatrick speaks to him about the ‘Aims’ fund at the heart of the firm’s outcome strategy.

DISTRIBUTION INTERVIEW: Tales of the unexpected

Mar 16, 2017

Laurence Terryn, a fund selector at Candriam, tells David Stevenson how the twists and turns of the past year’s macro environment flavoured her approach to fund selection.

Roundtables

ASSET SERVICING ROUNDTABLE: Under pressure

Mar 07, 2017

Funds Europe speaks to leading Luxembourg industry figures about the growing regulatory demands on asset servicers and how to remain profitable in spite of major investments in technology.

SEC LENDING ROUNDTABLE: Both a borrower and a lender be

Jan 11, 2017

Industry heavyweights, including agent lenders, discuss issues affecting the securities lending sector such as regulation and the types of collateral being used.