Change in Asset & Wealth Management (the ‘AWM industry’) is now accelerating at an exponential rate. Although the industry is set for growth over the next ten years, asset and wealth managers must become business revolutionaries, even disruptors, if they’re to survive and prosper. We’ve identified 4 interconnected trends that …
Globally, the total wealth of billionaires rose by 17 percent in 2016 to USD 6.0 trillion. Despite a period of heightened geopolitical uncertainty, the world’s ultra-wealthy are flourishing. We’re analysing in this post the wider societal impact of billionaires in terms of job creation and providing access to cultural capital. Where …
2017 has seen many markets make a comeback. Meanwhile, prospects have been boosted by the resumption of worldwide growth and the weakness of the US dollar. Emerging nations are entering an era that favours them. These markets will present fund managers with some excellent opportunities in the near future. With …
Over 300 management companies operate in Luxembourg, under a UCITS, AIFM or even a combined licence. Over 20 of them were created in just one year. And this number is likely to grow in the wake of Brexit. We’re analysing what’s at stake for ManCos and which models are likely …
Over the years, Luxembourg has confirmed its position as an international distribution platform. The country’s AAA rating, its international financial centre, as well as its political and social stability, have been strong arguments for asset managers from all around the world to distribute their funds in here. France is no …
Governments across the world are increasingly putting tax transparency at the top of their agenda. In this context, the OECD developed the Common Reporting Standard (CRS) as a global reporting standard to achieve a complete and multilateral automatic exchange of information framework. The Luxembourg CRS first reporting is due on …
With more than 75% of UCITS funds distributed all over the world, Luxembourg is a global leader for cross-border distribution of investment funds. At this magnitude, new players have emerged: Management Companies. These companies can market funds using the passport throughout the European Union. Luxembourg hosts nearly 300 of them. All …
Advising, identifying, instructing, acknowledging, processing, checking, confirming, monitoring, reconciling, reporting, storing, regulating, auditing – the fund-distribution value chain is complex and has many intermediaries. Distributed ledger technologies are, however, bringing about a new business model for the asset management industry.
As a cost-effective way to achieve a broadly diversified portfolio, ETFs are hard to beat. In Europe, this market has grown steadily and boasted approximately US$565 billion Assets under Management at December 2016. Industry participants expect asset growth to accelerate by approximately 27% annually over the next five years. Here are four …
The European Parliament has approved the new Regulatory Technical Standards for PRIIPs in early April. Whether you are an insurer, banker, asset manager or third party, you fall within their scope.
