All Securities Services articles – Page 14
-
Features
Are managers delivering what we need?
IPE asked three pension funds – in the Netherlands, Sweden and Spain – the same question: ‘Have asset managers kept up with the evolving demands of pension funds?’ Here are their answers:
-
Features
SocGen steps up its European presence
Société Générale’s €548m acquisition in January of 2S Banca, the securities services business of Italy’s UniCredit Group, is an important step in the French bank’s aim to become a Europe-wide player in the securities services business. 2S Banca was the second largest custodian in Italy, with more than €455bn in ...
-
Features
Consultants kept busy as regulation mounts
An ever complex legal framework and volatile markets in Swizerland has been a boon for the consultancy industry. Rachel Fixsen reports
-
Features
Asian ambition
A big sell-off of listed property has not dented the confidence of Asia’s real estate market. Richard Newell talked to the major players at the annual Real Estate Investment World Conference in Singapore
-
Features
Shopping for shorts
Has the time come to let managers go long and short? Alastair Sayer looks at the pros and cons
-
Features
Trustees raise the pensions bar
The quality of pensions services is improving as the market for securities services becomes more competitive and driven by external advisers, writes Heather McKenzie
-
Features
Holland vies with Ireland and Luxembourg
The Netherlands has taken a leaf out of Ireland and Luxembourg’s book in its plans to be regarded as the destination of choice for tax transparent pooled funds, Kerry Ann White argues
-
Features
The rise of fiduciary mandates
Is the move towards fiduciary management in Holland a new trend or simply a case of old wine in new bottles? David White investigates
-
Features
FTK casts a shadow over custody
Pension funds are having to review the entire custody area in anticipation of the new financial arrangements, reports Heather Mackenzie
-
Features
The truth about custodian fees
It could be argued that custodians have had years of super profits due to unadjusted custody fee schedules, opaque charging for foreign exchange and unidentified revenues from spreads on interest paid and charged. However, the past few years have seen significant downward pressure on custodians’ fees and improved transparency of ...
-
Features
AVV seeks to redress the balance
The pre-pension settlement, which allowed over 55s to keep their tax-friendly schemes, ruffled a lot of feathers, especially those of young workers, as Leen Preesman reports
-
Features
Meeting the need to know
For global custodians, information is the new asset class. Across Europe, pension fund boards and trustees are coming under pressure from sponsors, accountants and regulators to provide greater transparency. To do that they need information, not only about the value of their assets, but how that value was created. As ...
-
Features
Devil is in FX detail
Direct and in many cases very significant financial benefit can accrue to pension funds and investment managers that pay closer attention to their foreign exchange (FX) trades. UK-based benchmarking firm Amaces has launched a new module in its CMS analytical and benchmarking service that covers all FX deals. The module ...
-
Features
Waiting to be discovered
When pension funds invest in traditional assets like equities and bonds they expose themselves to unintended sources of risk. The main sources unintentional risk are volatility and dividend yield for equities and credit spreads and liquidity for bonds. Once they detect these sources of risk most funds will either carry ...
-
Features
GIPS - 20 years after
In 1987, when the Financial Analysts Federation began to develop standards on how investment managers should present their performance to prospective clients, I doubt that they had any idea the impact their efforts would make. Like a snowball rolling down hill, growing larger as it continues its journey, the presentation ...
-
Features
Looking beyond the 3Ps
Investment managers will have their work cut out over the next year. If they want to keep abreast of market and regulatory developments they need to make significant changes to the systems and processes that support their businesses. Institutional clients have more expertise than ever before – and they are ...
