alternatives

Jan 13, 2016

Liquid alternativesJP Morgan Asset Management (JPMAM), which this week launched a Ucits fund that invests in underlying hedge funds, said the most difficult part of constructing the product was finding managers that could run a compliant liquid offering.

Dec 23, 2015

The past two years have seen a spate of consolidations among asset managers, particularly in the boutique space. David Stevenson finds out why.

It’s a tough market for asset managers. Not only does the current barrage of regulation mean greater costs, but clients are also putting pressure on fees. For smaller players without economies of scale, additional costs can eat into profit margins.

Though some firms have looked to partner up or sell, forced sellers of asset managers are rare – though arguably Legg Mason’s acquisition of...

Dec 23, 2015

The European regulator’s approach to extending the alternative investment fund passport to managers and funds outside of the European Economic Area raises significant legal issues.

It was in July when the European Securities and Markets Authority (Esma) published its preliminary advice on extending the Alternative Investment Fund Managers Directive (AIFMD) passport for managers and funds that sit outside of the European Economic Area.

At the same time, Esma gave its opinion on the functioning of the passport for alternative managers under the AIFMD...

Dec 23, 2015

Nicholas Pratt examines whether the service providers will be able to keep up with the demand for liquid alternatives.

Liquid alternative funds, a tag for regulated alternative funds that includes alternative Ucits and alternative investment vehicles, are divisive instruments. Perhaps it should be expected of a tag that suggests investors can get the best of both worlds – the reassuring liquidity of mutual funds and the racy returns of alternative asset classes that are sometimes illiquid.

What cannot be denied is the...

Dec 21, 2015

Working with fund distributors is increasingly difficult, but vital. Our panel in New York considers the merits of scale in this environment, but also hears smaller asset managers can find a place in the market too. Chaired by Nick Fitzpatrick.

Dec 21, 2015

Working with fund distributors is increasingly difficult, but vital. Our panel in New York considers the merits of scale in this environment, but also hears smaller asset managers can find a place in the market too. Chaired by Nick Fitzpatrick.

Dec 21, 2015

Barry McInerney largeBMO Global Asset Management has emerged from the North American asset management market and is positioning itself as a global solutions provider. Barry McInerney, its co-chief executive, talks to Nick Fitzpatrick.

Dec 21, 2015

Barry McInerney largeBMO Global Asset Management has emerged from the North American asset management market and is positioning itself as a global solutions provider. Barry McInerney, its co-chief executive, talks to Nick Fitzpatrick.

Dec 21, 2015

Our Hong Kong panel discussed consolidation in the industry, social media marketing and whether it is better to partner with private banks or with Alibaba. Chaired by George Mitton in Hong Kong.

Dec 21, 2015

Our Hong Kong panel discussed consolidation in the industry, social media marketing and whether it is better to partner with private banks or with Alibaba. Chaired by George Mitton in Hong Kong.

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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.