June 2016

Every UK citizen should perhaps be made to write an article on the German asset management industry in the run-up to the referendum on UK membership of the European Union on 23 June.

Sitting at the heart of the European project, it’s only natürlich that German firms want to leverage Ucits regulations as fully as possible.

Redundancies at some of fund management’s biggest firms come at a time of general industry health, so what factors are behind them? Kit Klarenberg finds technology and expired business strategies are part of the cause.

Global financial markets that seem to move together in one direction or another based on the decision of central bankers or the latest shift in macroeconomic trends make it difficult to find sources of real diversification.

Marketing and advertising have seen big changes, with digital growing ever more dominant. Our panel talked about the standout campaigns of recent years, reaching the retail market, the RDR and future trends.

The ‘Manager Led Product’ – a solution for alternative managers inside and outside the EU – was warmly received by a London audience when unveiled at the Guernsey Funds Forum recently.

Rarely has the publication of an EU financial text been so keenly anticipated as Delegated Acts under MiFID II. Nicholas Pratt looks at one of the main issues, the unbundling of broker research costs.

The more than 60 fixed income electronic trading platforms that have sprung up in the past two years are changing the landscape. Nicholas Pratt looks at how asset managers, such as Axa Investment Managers, are adapting.

Paul North, head of product management EMEA at BNY Mellon, looks at how requirements for the new PRIIPS Key Investor Documents and MiFID 2 may overlap.

Funds that mimic index returns may be cheap, but they are not simple to run. Kit Klarenberg considers some of the difficulties for index fund providers, whose business is booming.

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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

INTERVIEW: Finding managers that can (and do)

Apr 18, 2017

Fabrice Kremer, a fund selector at Banque de Luxembourg Investments, has berated fundamental managers for failing to beat indices, but he remains committed to active funds. He speaks to Nick...

JERSEY INTERVIEW: ‘A steady sort of place’

Mar 21, 2017

The chief executive of Jersey Finance is keen to portray the island as a stable, trustworthy jurisdiction. He talks to George Mitton.

Roundtables

ROUNDTABLE: The issue is perception

Mar 21, 2017

Our panel discuss tax transparency, the elegance of private placement and why Jersey could do more to promote itself. Chaired by Tom Cowsill in Saint Helier.

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.