Asset Management Systems Insights
17th September 2019
In the wake of the financial crisis, regulators in the US and Europe have ramped up their oversight on capital markets institutions, driving up compliance costs. Firms are also seeing revenue stagnate as margins are squeezed ever tighter at a time when market volatility is low and outflows increase as investor interest in passive investments... read more
11th September 2019
A lack of sufficient time to implement liquidity stress testing systems to comply with new European requirements is causing concern among managers of alternative investment funds (AIFs) and undertakings for the collective investment in transferable securities (Ucits) funds, according to a board director of an investment fund and the International... read more
30th August 2019
Meniga appoints new chief operating officer
UK-based Meniga has appointed Arpit Kaushik as new chief operating officer. He has held senior roles in companies such as DXC Technology (digital general manager, banking and capital markets), Wipro (general manager and global client partner) and Oracle (sales director).
... read more
30th August 2019
The news in January that Thesys – the originally chosen consolidated audit trail (CAT) processor – had been fired, was seen by many in the Capital Markets industry as something of a mixed blessing.
Here was a small, agile, disruptive technology firm ready to draw on emerging technologies and build an optimal solution without the... read more
28th August 2019
A divergence of regulatory approaches to recommendations for assessing how consumers could be helped by a new investment disclosure regulation for fund managers under the Packaged Retail Investment and Insurance Products (Priips) level 2 review could increase legal uncertainty and compliance costs for market participants, according to an insurance... read more
2nd August 2019
While asset managers may wait for their counterparty banks to navigate them through the transition away from the London Inter-bank Offered Rate (Libor), the buy side cannot afford to be complacent as the rate gets phased out. But in some instances little preparation has been done.
“We’ve been talking to banks primarily but also some... read more
23rd July 2019
There are many opportunities for hedge funds to take advantage of in today’s market. The funds are experiencing strong inflows of capital, with net asset growth of 18.3% in the year ended June 30, 2018. Preqin studies suggest there is a resurgence of institutional interest in hedge funds, which may serve as a precursor for still more growth.... read more
12th July 2019
The Financial Conduct Authority (FCA)'s proposed crypto-derivatives ban is aggressive and outmoded, according to Townsend Lansing, chief commercial officer at TokenMarket.
The FCA announced last week that it would be consulting on banning the sale, marketing and distribution of derivatives and exchange-traded notes (ETNs)... read more
10th July 2019
Asset managers working across a variety of regimes are faced with an uphill struggle with the volume of data required to comply with shareholder disclosure rules, a panel told bobsguide recently.
“Regulators are expecting a lot more detail generally. The Transparency Directive in the EU drove a push for greater transparency... read more
10th July 2019
Hedge fund launches are at 18-year lows and emerging managers are facing an uphill battle for capital when compared to their larger, more established peers.
According to the FT, “the composition of the hedge fund industry’s investor base has also changed over time. Allocations are now dominated by large institutional clients that... read more