A new working group intends to bring automation to the alternative funds market. But why should this plan be successful, asks Nicholas Pratt, when others have failed?
A new working group intends to bring automation to the alternative funds market. But why should this plan be successful, asks Nicholas Pratt, when others have failed?
Technology is at the heart of the Sibos conference and has the power to transform the funds industry. But are firms throwing their weight behind automation? What use can they make of ‘big data’? We asked a number of experts.
Lynx Asset Management, a Swedish asset management firm, has awarded a $1 billion (€888.5 million) fund administration mandate to HSBC Securities Services (HSBC SS) for two onshore funds.
Funds Europe asked leading custody figures about overlapping reporting requirements and dealing with fragmented approaches by countries to fund retrocessions.
RWC Partners, an alternative investment manager based in London, has appointed HSBC Securities Services as administrator to five frontier and emerging market funds.
Our panel considers questions that were posed in the Ucits V survey. What is clear is that much of the advancement towards the Ucits V environment rests on more guidance from Europe, and that those with AIFMD experience will benefit in the run-up to implementation.
Tax transparent pooling vehicles have been available in key Continental European markets for some years, and in July 2013 the UK government introduced its own variant, the UK TTF, with BlackRock – supported by BNY Mellon as administrator – bringing the first example of this new structure to market in June of last year.
Mutual funds that outsource their fund management are likely to have lower subscription fees and better performance.
Whether it makes sense for transfer agencies and software firms to merge, the new consolidation in the low-margin business may well see costs for fund managers fall, finds Nicholas Pratt.
Leaders in the field of asset management answer questions regarding their strategies and predictions.
