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.
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.
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.
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.
Luxembourg recently released a set of rules concerning governance arrangements of management companies. This has been an evident regulatory trend as Ireland and the UK previously made similar announcements. Here’s what UCITS and AIFMD management companies need to know.