May 2013

AnalyticsPerforce, I must begin with a confession. I do not understand what active exchange-traded funds (ETFs) are – and I never have.

CastleConforming to the stereotype of German efficiency, one law is likely to become the new legal framework for all fund structures. Stefanie Eschenbacher reports on regulary battles in Europe’s largest economy.

Marathon runnersThe German fund market has rebounded – but the drivers are institutions. Meanwhile, millions of retail investors are staying away, finds Stefanie Eschenbacher.

SatelliteShould Europeans choose an American firm for their US equity exposure? It depends if that manager has staying power and can ensure good communications with head office. George Mitton reports.

Wind farmHas the era of austerity harmed socially aware investments, or given it a new lease of life? Fiona Rintoul seeks answers.

PullieExchange-traded products that use leverage are a way of coping with flat markets. But Nick Fitzpatrick finds compounding risk means more attention needs to be paid to performance.

HourglassLaunching a sharia-compliant fund can require a time-consuming search for religious experts to certify the fund's Islamic credentials. An alternative is to employ an Islamic advisory firm. George Mitton reports.

Safety netNicholas Pratt considers pension fund outsourcing of broader back and middle-office operations to custodians, while Marks & Spencer’s pension scheme talks about its approach to asset servicing.

Legal easeWhile 2012 saw just eight new fund launches on the London Stock Exchange, listed investment companies outperformed the FTSE All Share index and more than £3 billion (€3.5 billion) of new capital was raised.

LionFixed income funds were dominant in 2012, while equities suffered net outflows and money market funds lost their appeal. The global fund distribution team at Ernst & Young Luxembourg present the numbers.

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Sponsored Profiles

SPONSORED FEATURE: Investing for income

May 17, 2017

Portfolio Manager Thomas Kruse examines the findings from Pioneer Investments’ survey on income investing and outlines ways of achieving a target income.

SPONSORED ARTICLE: A radical solution to KYC concerns

May 17, 2017

The 1MDB affair shows that lax know-your-customer and due-diligence procedures are a major risk, says Paolo Brignardello, head of product management and marketing, Fundsquare. New solutions are...

SPONSORED FEATURE: AIFMD - What does Brexit mean?

Apr 18, 2017

An open discussion between funds industry experts and initiated by SGG Luxembourg took place in London to examine  the implications of Brexit for UK fund managers marketing to the EU.

SPONSORED FEATURE: Luxembourg fund reporting – CRS vs FATCA

Apr 18, 2017

Luxembourg funds need clear procedures for CRS compliance, writes Andrew Knight, Partner at M Partners, a member of the Maitland network of law firms.

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

MARKETING & BRANDING ROUNDTABLE: It’s about aspiration

May 17, 2017

With such an intangible product, it can be hard for asset managers to communicate what they do. Having personality and connecting with customer aspirations may be the key, our branding roundtable hears.

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.