The CBI’s latest discussion paper highlights a trend in regulator interest and oversight of outsourced activity by asset managers and other financial firms. The paper turns up the heat on those responsible for overseeing an increasingly complex and globally dispersed supply chain of data and operations. Continue reading CBI Outsourcing Paper – Another Critical Piece of the Global Oversight Puzzle
The growth of online gaming continues at a feverish pace. Fortnite is the latest viral gaming sensation and it’s not mere child’s play. It is big business underpinned by hard-nosed sales principles, some of which are highly transferable to asset management. Continue reading Fortnite and Asset Management: More Similar Than You Think
EY hosted their annual ETF Roadshow conferences last week in Dublin, London, and Luxembourg. Given the popularity of ETFs across the global asset management industry, the sessions were “standing room only.” I was fortunate to be a panelist in both Dublin and London. Here are my some of my highlights. Continue reading Conference Quick Take – EY ETF Roadshow 2018 Dublin & London
The Pan European Pension Product (PEPP), expected to launch in 2020, is intended to make a large-scale, portable, and cost-efficient retirement savings product available throughout the EU. The PEPP forms a critical sub-set of the Capital Markets Union (CMU) which is the principal policy initiative aimed at enhancing the efficiency and effectiveness of Europe’s markets. Continue reading EU Pension Project has a PEPP in its Step
Hong Kong just signed its fourth mutual fund recognition agreement with one of its longest and closest trading partners – the UK. At the same time, Brexit is compelling UK asset managers to look beyond European borders for opportunity. For these reasons, the excitement around this arrangement may be justified. Continue reading Hong Kong – UK Mutual Recognition Deal Creates New Opportunity for Asset Managers
Just last week, the SEC published a new strategic plan covering 2018-2022. It’s focused on making the agency more effective in an ever-evolving market and provides an effective roadmap to areas of regulatory focus in US asset management for the foreseeable future. Continue reading SEC Strategic Plan Aligns Closely with the Industry