March 2013

CallcentreThe words client service always send a chill through me. We know that client service departments are not there to give clients service; they are there to stop irritated clients bothering important people.

ElephantHas the worst of the financial crisis in the eurozone passed? Fiona Rintoul looks at whether investing in European equities is a risk worth taking.

cupcakeIt is a year since Bill Gross, co-CIO at Pimco, stunned the fund management industry with an exchange-traded fund based on his Total Return Mutual fund. Nick Fitzpatrick looks at how each has performed.

Risk2In recognition of the AIFMD, Nicholas Pratt reviews the major risk systems available to alternative managers and the ways they can help firms to meet the directive’s risk management requirements.

Alain DuboisNicholas Pratt talks to Alain Dubois, chairman at Lyxor Asset Mangement, about the firm’s approach to risk management and the impact of the Alternative Investment Fund Managers Directive on its risk processes.

RiskWith the Alternative Investment Fund Managers Directive to be implemented this July, the Funds Europe survey of some of the leading providers in third-party risk management services has a focus on alternative investments.

GavelThe Isle of Man recently moved to deter distressed-debt investors from pursuing claims against poor nations in its courts. These so-called ‘vulture funds’ are a small but growing business. Stefanie Eschenbacher reports.

AlchemyPension funds with liability-driven investment strategies may have to consider turning lower quality assets into higher grade stuff as central clearing for OTC derivatives takes hold, writes Nick Fitzpatrick.

BankThe absence of federalism in the eurozone is hindering its post-crisis recovery. Patrick Artus, of Natixis, compares the economic policies of the US and the eurozone, to see why America is now in a favourable economic position.

Gawain HughesIn December 2012, after much debate, agreement was reached by the European Council and Parliament to introduce a new regulation for European Venture Capital Funds positioned outside the scope of the Alternative Investment Fund Managers Directive (AIFMD).

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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.