Magazine Issues»November 2013

Philippe SeyllAsset security has overtaken efficiency as the main concern of Clearstream's fund clients, says Philippe Seyll, head of investment fund services and member of the executive board. The company is expanding its funds business, but hurdles remain on initiatives such as using funds as collateral.

Liam CollinsWhen the Alternative Investment Fund Managers Directive (AIFMD) was published in 2011, asset managers believed they had a full three years, until July 2014, to implement the significant changes required under the legislation.

MeetingLacking regulatory focus and investment, the proxy voting system is riddled with difficulties, finds Nicholas Pratt.

DartboardThe deadline for T2S is approaching. Nicholas Pratt examines what benefits may be on offer for investment managers and what opportunities may be missed.

Dave ReynoldsSince the trend to outsource investment operations started over a decade ago, concerns regarding the various risks posed by having an intrinsic tie to a third-party for critical functions have gradually intensified.

TypewriterThe investment book of record is replacing the trading book of record. John Mayr at SimCorp explains the reason for this.

With the AIFMD now exerting its influence on the European funds industry, Funds Europe asked several asset services executives for their thoughts on implementation, jurisdictions and risk management, among other issues.

Isabel-Hog-JensenThe transposition of the AIFMD strengthens Luxembourg's competitiveness and provides asset managers with numerous new business opportunities, says Isabel Hog-Jensen of ALFI.