Facebook logo
Facebook logo
Facebook logo
Facebook logo

Latest Headlines

Asset Servicing Times home | The top concerns in European fund management ← You are here

[close]
Latest News
Sibos: No holes in Swiss fintech innovation
27 September 2016 | Geneva
Switzerland is a hot bed of financial technology innovation, according to speakers at a Sibos Innotribe session in Geneva... Read more

SGSS secures T2S mandate for Hungary
27 September 2016 | Budapest
Societe Generale Securities Services has won a mandate to connect the Hungarian central securities depository with the Target2-Securities settlement platform... Read more

For more news visit our news section

Upcoming events
ITAS Ireland
Date: 17 - 19 October 2016
Location: Dublin
Find out more

10th Annual Collateral Management Forum
Date: 21 October 2016
Location: Amsterdam, the Netherlands
Find out more

For more events visit our event section
Industry recruitment
Director, Asset Manager Outsourcing
Recruiter: HornbyChapman Ltd
Location: London
Find out more

Risk Manager
Recruiter: cerFinancial
Location: London
Find out more

For more jobs visit our recruitment section
Asset Servicing Times
View the latest issues online now

Sister publications
Securities Lending Times
www.securitieslendingtimes.com

Captive Insurance Times
www.captiveinsurancetimes.com

Real Estate Investment Times
www.realestateinvestmenttimes.com

Media pack [download]
Ad specs [download]
Latest features
Facts and go-figures
Feature: With more data to play with than ever before, asset managers need a solid strategy if they want their sums to make any sense... Read more

Brazil
Country profile: Brazil is hogging the limelight from its South American neighbours. But, although reforms are in full swing, there is still work to be done Read more

Mike Thrower :: Broadridge Financial Solutions
Interview: Operational innovation is inherent in the agenda at Sibos 2016, says Mike Thrower, managing director for EMEA sales at Broadridge Financial Solutions Read more

For more features visit our features section
Latest news
More news
Asset Servicing Times image
The top concerns in European fund management
17 April 2012 | Luxembourg | Reporter: Georgina Lavers
A new EDHEC-Risk survey reveals that transparency, information and governance top the list of concerns for European fund management industry professionals in the area of non-financial risk management.

160 high-level European fund management industry professionals were surveyed by EDHEC-Risk as part of the 'Risk and Regulation in the European Fund Management Industry' research chair, sponsored by CACEIS.

Respondents to: ‘Shedding Light on Non-Financial Risks – a European Survey’ stated the main causes of an increase in non-financial risks were growing sophistication of operations, reduced capacity of some intermediaries to guarantee deposits, unclear or inappropriate regulation, and the ‘total absence’ of responsibility of management companies regarding restitution.

CACEIS stated that the main message from this study is that: “the regulatory priorities for the respondents relate to themes to which the regulator has paid less attention in recent work, notably AIFMD.”

On the financial responsibility of the industry in non-financial risks, 79 per cent of those surveyed consider that “fiduciary duties of asset managers should be reinforced, by stating that they must invest for the sole benefit of their clients,” and 67 per cent agree that asset managers should have greater responsibility for non-financial risks.

Faced with the growing complexity of UCITS and the resulting increase in counterparty risks, the idea of secure UCITS funds, where the depositary would be unconditionally responsible (contractually or legally) for the restitution of assets, should be an option to consider, according to 67 per cent of respondents.



Sibos: No holes in Swiss fintech innovation
Switzerland is a hot bed of financial technology innovation, according to speakers at a Sibos Innotr Read more

SGSS secures T2S mandate for Hungary
Societe Generale Securities Services has won a mandate to connect the Hungarian central securities d Read more

SWIFT’s ISO 20022 framework makes progress
SWIFT’s framework to support the launch of ISO 20022 has made progress with key financial market i Read more

Back-office automation and reporting still a priority
Asset management professionals continue to prioritise back-office automation and managing increased Read more

Massimiliano Notarianni joins SGSS
Societe Generale Securities Services has named Massimiliano Notarianni as its global head of sub-cus Read more

Asset Servicing Times site map
Home
Home

Sitemap

Issue archive
Back issues online
Recruitment
Recruitment
Events and Training
Upcoming events

Upcoming training

Company info
About us

Contact us


Copyright (C) 2013 Black Knight Media Ltd. All rights reserved. No reproduction without prior authorization
[close]
Never miss an issue again
Subscribe to Asset Servicing Times - Get it delivered straight to your inbox
We need to know you are not a ROBOT. Please type HUMAN in the box below and continue to fill in the rest of the form