March 2011

eyeAt the end of 2010, fund managers were optimistic about the 2011 outlook for public equities and emerging markets, despite potentially higher volatility.

voteThe challenges facing the funds industry place an extra importance on the election of the next Efama president this year, says Nick Fitzpatrick

ETFBut the growth of alternative strategies that are being sold as ETFs is a challenge for the industry and for investors, says Debbie Fuhr of BlackRock

Clarity_in_retailChanges to financial services are underfoot. Tony Collins of Opal gives the lowdown on what the RDR means and its effect on consumers and the industry

ticks_all_boxesLuxembourg will become a centre of choice for alternative fund managers under the Aifm directive, claim Michael Hornsby, Kerry Nichol and Olivier Coekelbergs of Ernst & Young

ImpactThe knock-on effects of the European debt crisis continue to exert pressure on the fixed income market, says Céline Fernandez of Standard & Poor’s Valuation & Risk Strategies

Define_your_liabilitiesLiability-hedging portfolios are poorly defined at nearly half of pension funds, and many have not defined their liabilities precisely, finds Samuel Sender of the Edhec-Risk Institute

IndecisiveRegulatory uncertainty is leaving many buy-side firms undecided on whether to participate in a reformed OTC derivatives market. Nicholas Pratt examines what the potential cost of this indecision could be

Falling_into_lineThe growth of alternative Ucits funds has thrust some asset managers into an unfamiliar world of compulsory checks and limits. Nicholas Pratt looks at how compliance management systems are helping them meet regulatory requirements

Food_for_thoughtBlame the political uprisings in the Mena region for a drop in emerging market local currency debt yields at your peril, writes Fiona Rintoul. This asset class is more resilient than you think

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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.