November 2016

Being from Glasgow, I am not often shocked. But when I attended a pensions conference in Madrid a number of years ago, I did find myself in a state of shock.

With ever-increasing reporting obligations, asset managers have less time to focus on their core strengths. So, what can firms do ease the regulatory load? Robert Brimeyer, chief operating officer of Alter Domus, discusses some of the options.

Competition in French asset management is between 600 firms, some very large, some very small. Often the small firms try to distinguish themselves on their investment ideas. David Stevenson looks at some of France’s best-known boutique managers.

Yves Perrier, chief executive officer of Amundi, talks to David Stevenson about his plans for the company since it was floated last year.

France is home to both pioneers and major players in the exchange-traded fund industry. Although the country’s appetite for the product remains subdued, its innovations are notable, writes David Stevenson.

David Stevenson looks at how French asset servicing firms are coping with the drip-feed of regulations into the domestic and European market.

Guillaume Eliet of the French financial regulator, the AMF, tells Nick Fitzpatrick how cross-border fund distribution could be improved – a topic the French industry has a particular interest in.

2015 was typified by uncertainty, and 2016 has seen that uncertainty mutate into a noxious medley of political, economic and financial menaces. In every region and market, risks loom large – some are universal, others particular.

Over the past two decades passive investment vehicles – first index funds, now ETFs – have eroded active managers’ proposition.

Getting the young to save for their pensions is difficult when suspicion about charges is rife, finds Fiona Rintoul – even if charges have never been lower.

Pages

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.