Luxembourg is a stronger domicile for the challenges it faced over the last 18 months. But perhaps more needs to be done at an industry level to convey Lux's successes as a fund haven throughout the financial crisis. Senior figures from the industry consider this point and talk about their experiences of working in the second largest fund domicile in the world. (part 1)
Luxembourg has been forced to step back and take stock of the way things are done. In doing so it found that actually, the Grand Duchy is still a reliable and reputable financial centre, and asset servicers on location are more than happy to talk about its achievements. (part 1)
It's been a big morning for outsourcing solutions. State Street and JP Morgan have announced new outsourcing deals, while BNP Paribas Securities Services has launched the first Ucits IV compliant master-feeder solution in Luxembourg.
Nordea Investment Funds' head of global distribution, Christophe Girondel, talks to Nick Fitzpatrick about product demand and the firm's position in Latin America.
Our head-to-head discussion with two prominent pension schemes in the UK reveals problems with investment benchmarks that came to light in the financial crisis. It also indicates that there is a desire for passive solutions that is not being satisfied by investment managers' product offerings. These, along with other issues considered here, set the scene for forward planning in the pensions industry. Chaired by Nick Fitzpatrick (part1)
Two Hertfordshire County Council pension schemes will be saving £1.6m over the next eight years after appointing the London Pension Fund Authority (LPFA) to run their administration and pensions payroll contract.
Nordic fund managers are becoming more comfortable with outsourcing their fund administration. Although several still carry out these functions in-house, things are beginning to change. Angèle Spiteri Paris reports
Countries such as Poland and Hungary are promising places for asset servicing firms to do business, both to satisfy local demand for fund services, and to locate low-cost processing centres. George Mitton asks if the Aifm directive could shake up the network of sub-custodians in the region
A consultancy and a law firm have questioned whether pension fund trustees should be legally obliged to go through a formal due diligence process when making significant changes in investment approach.
Top executives at some of the fund admin firms surveyed tell Funds Europe about the coming challenges for the year.
