KAGs face up to challenge of international competition

By Till Entzian, Till Entzian, Till Entzian, Till Entzian and Till EntzianNovember 2008 (Magazine)

Volumes invested in domestically registered Spezialfonds rose again in 2007, even though the consolidation that has resulted in a decline in the number of funds continued – albeit at a slower pace. Managers’ involvement in the Spezialfonds business is changing too, as administration and portfolio management responsibilities have become increasingly separate. KAGs facing international competition have the challenge of developing further innovative fund products and providing more flexible management. Till Entzian presents his annual survey of the market