All Securities Services articles – Page 33
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Features
Hard pressed to live up to expectations
Is UCITS III another damp European squib that will sputter weakly before crashing? Certainly a head of steam seems to be building up among the professionals very much involved in implementing its provisions, both from the aspects of what is not in it as much as for what is in ...
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Features
Selecting investment managers online
It has become more difficult to select investment managers in recent years because there are many more players than there used to be, there is much more specialisation among the managers, and there is a greater demand for transparency and due diligence, says Felix Kottmann, founder of Zurich-based consultancy Kottmann ...
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Features
Compare against clients' goals
One good outcome of the stock market plunge of the last few years is that it has exposed ‘relative’ performance as a misleading indicator of financial health. The consultant who says to his client, “good news, your portfolio did better than the market, now please contribute umpty ump million pounds ...
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Features
DTCC's wake-up call to Europe
Securities settlement in Europe is known to be more costly and inefficient than in the US. These pale into insignificance when compared with the financial assault on investors in European investment funds, again in contrast with their counter parts on the other side of the Atlantic. In the US, the ...
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Features
Custodians eye the front office
Portfolio management is a task most often associated with the front office, although this relationship is not exclusive. Certain elements of portfolio management, in particular accounting and administration, have long been the domain of the back office. Today, more so than ever before, the custodian’s role is gradually encroaching on ...
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Features
JPMIS's German surge
Global custodian JP Morgan Investor Services (JPMIS) says it had a bumper year in the German marketplace in 2002. Assets for which it acts as depot bank and custodian doubled to $40bn (E37bn) during the year, with total client assets under custody increasing to $80bn. Arnulf Manhold, business executive, JPMIS, ...
