Magazine Issues»September 2011

Lady-TeaAssets under management in Islamic funds are stalling. Pierre Weimerskirch and Farabi Zakaria, of Ernst & Young, give a Luxembourg perspective on challenges to growth, which include product 'lookalikes' and the 'myth' that Islamic finance is for Muslims only.

Snaders--WhiteheadIn response to the financial crisis of 2007-2008, the European Commission took the view that existing remuneration structures within financial services firms promoted excessive risk taking in order to achieve short-term profits, without considering the long-term financial health of those firms.

Finish_lineOur annual custody survey shows BNY Mellon is still at the top for global custody assets, but other firms saw most growth in percentage terms. Mark McFee provides an overview.

Stones-on-a-beachWith custodians now obliged to assume more liability for their sub-custody arrangements, Nicolas Pratt assesses to what degree risk management has improved.

roundtable_410Custody leaders tell us what they think differentiates their firms from rivals, and talk about challenges facing them and their asset manager clients.

DestinationsJurisdictions are competing for private equity asset servicing business. But, discovers Nicholas Pratt, in such a conservative market, emerging domiciles face an uphill task when challenging the old guard.

Robin-StrongAs it stands, multi-asset trading is rather like doing the Christmas shopping from several websites at once.

TorontoThis year's Sibos, taking place from 19-23 September in Toronto, promises in-depth debate on all the key issues facing the industry, as well as unrivalled networking opportunities, says Marco Attilio, head of funds marketing at Swift.

Ahead of Sibos, we asked a range of industry experts this question: Data volumes continue to explode. What do you think the fund management industry can do with so much data, and are systems up to the challenge of making sense of it?

ClockAsset liability models for sovereign funds must be dynamic to cater for their long-term horizons, says Lionel Martellini, of Edhec Business School. Where their money comes from and what the money is needed for are also important factors.