Magazine Issues»May 2013

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.

Building facadeThe value of prime property in major European cities is on the rise, while in southern Europe and elsewhere the outlook is troubled. Neil Blake and Graham Barnes, at real estate service firm CBRE, discuss the mixed fortunes.

TradersWith equity investing on the rise, Mark Pumfrey at Liquidnet says there are reasons to be hopeful of a possible return to the higher levels experienced in 2008.

Palm sphereThe emergence of two new CCPs in the securities lending market has raised the question of whether central clearing offers any true benefits to asset owners and lenders. Nicholas Pratt examines the evidence.

Price tagHow can an investor in an alternative strategy know the valuation they are given is correct? Daniel Johnson, of Wells Fargo Global Fund Services, and Eric Lazear, of FQS Capital Partners, offer advice on due diligence.

Brian ForresterThis February, the European Securities and Markets Authority (Esma) published its final report setting out guidelines for the remuneration of alternative investment fund managers (AIFMs) under the Alternative Investment Fund Managers Directive (AIFMD).

RobberyGreater regulatory harmonisation is needed to strengthen the Ucits regime, say Noël Amenc and Frédéric Ducoulombier at Edhec-Risk Institute.

Andrea-LoweA comprehensive rethink of global financial regulation is not something any sane person would want to rush. Unfortunately, against the backdrop of a global financial crisis with political pressures to act, this has been the unenviable task facing many a regulator of late.