Net sales of UCITS and alternative investment funds totalled €69 billion, down from €94 billion in July, according to the European Fund and Asset Management Association
A successor to Pershing’s Manager Workstation, Manager Gateway features a centralised portal that helps asset managers act on service requests and orders, automatically collecting and processing the information on behalf of Pershing’s clients
There is still much work to be done at European and national levels, particularly in making Europe’s capital markets more competitive, according to Simon Lewis, chief executive of The Association for Financial Markets in Europe
