Criteria for Fund Managers to consider when selecting an OTC derivatives CCP

The time to choose a CCP for Europe is now. The transition to mandatory clearing of OTC derivatives in Europe begins in the spring of 2016. With limited transparency into the differences between the operating models of the various CCPs, it is difficult for fund managers to make informed choices. At a COO Connect event in London on 20 October, Jaki Walsh (managing director of Derivati Consulting) and Phil Simons (head of clearing sales and relationship management at Eurex Clearing) explored the factors they think fund managers should take into account when choosing a CCP.

Posted on: 06 Nov, 2015

Managing the regulatory deluge

Fund managers subjected to the multiple regulatory reporting requirements in the US and EU must ensure they adopt a holistic approach towards collating and collecting all of the necessary data points.

Posted on: 05 Nov, 2015
Posted in: Feature

Treasury management: no longer the poor relation

Treasury operations within hedge funds have traditionally been the ‘poor relation’ to other functions, however, this is changing.

Posted on: 05 Nov, 2015

An introduction to the UK FCA’s client money rules for investment firms, with John David Thiede of Sidley Austin LLP

They make up one chapter out of 12 in a set of recently revised rules published by just one regulator. Yet it would not be hyperbolic to describe the new client money rules set out in the Client Asset Sourcebook (CASS) of the United Kingdom Financial Conduct Authority (FCA) as one of the most excruciatingly detailed and prescriptive set of operational obligations imposed on investment firms, including asset managers, of any introduced since the financial crisis. They came fully into force on 1 June this year. Dominic Hobson spoke to John David Thiede of Sidley Austin LLP, who was closely involved in their drafting during his time with the FCA.

Posted on: 21 Oct, 2015

Dutch-style pension fund cost transparency looks a long way off in the United Kingdom

It was ironic that the first Transparency Symposium organized by the Transparency Task Force, an organization dedicated to driving up the levels of transparency in financial services,should take place in London on the same day as it emerged that members of the Investment Association had forced Daniel Godfrey to step down as chief executive. After all, one of the issues on which Godfrey had irked the members of the Association was his openness to the idea of greater disclosure of asset management, administration and transaction costs.
Posted on: 08 Oct, 2015
Posted in: Feature

Don’t fear the Depositary – debunking the myths

The depositary aspect of the AIFMD was a source of concern before and during implementation. But now the new regime has just finished celebrating its first birthday, Ian Kelly, CEO Augentius, sat down with some of the company’s depositary clients to discover what living with a depositary has really been like for them. The overwhelming feedback is that the function hasn't been a burden, and can actually provide value.

Posted on: 05 Oct, 2015
Posted in: Feature

The benefits of independent valuation

Independent valuation of assets is crucial for fund managers if they want to demonstrate transparency and adherence to best governance standards to their institutional investors.

Posted on: 05 Oct, 2015
Posted in: Feature

The future of retail savings is Blooom

Blooom is a mid-Western financial adviser with a revolutionary idea. It is to give honest advice to millions of Americans with 401(k) defined contribution retirement plans – cutting management and transaction costs and choosing appropriate investments on behalf of individuals that are bewildered by the current system. The firm is also using digital technology to reach millions of potential customers without spending a fortune on distribution and marketing.

Posted on: 25 Sep, 2015
Posted in: Feature

BNP Paribas unveils hedge fund data management service

The alternative fund administration arm of BNP Paribas Securities emerged this morning from its post-prandial hibernation. The bank completed the acquisition of the hedge fund administration business of Credit Suisse in June this year.
Posted on: 24 Sep, 2015
Posted in: Feature

How to solve the problem of paying fund distributors the right amount in good time

The distribution of funds around the world has created complex and extended chains of banks, private banks, insurers, wealth managers, discretionary wealth managers, fund platforms and independent financial advisers (IFAs), all of which expect to be rebated trailer fees, at thousands of different rates, by hundreds of fund managers. A company not many people have heard of may be about to make a name for itself, by using technology to cut through the complexity.

Posted on: 11 Sep, 2015
Posted in: Feature


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