September 2008

CUSTODY 2008: BoISS View from the Top

baker.jpgStephen Baker head of custody services Bank of Ireland Securities Services   I think the challenges of the last six months are likely to influence the challenges for at least the next six months and possibly the next year. One of the challenges for any custodian is to manage its own risk, particularly operational risk, but also counterparty and credit risk.   As a result of the credit crunch, managing credit and counterparty risk has become paramount. Organisations need to be very conscious of the risks they are running and how best to minimise those risks.   The coming year is also going to be a challenge for many custodians in managing the relationship between income and cost. As stock market values suffer this has a negative impact on custodians’ income. Therefore cost containment to minimise the negative effects of falling income levels will be paramount.

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.