6 key trends driving operational and technology decisions

By Eric Rocks

The global investment marketplace is constantly evolving and keeping up is a competitive necessity. To effectively manage your business growth, you must optimize your operations and anticipate market changes and new requirements. The financial industry has grown exponentially over the past 30 years, and better technology has enabled investment teams to manage this growth and its accompanying complexity effectively and efficiently.

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AIFMD II: What should we expect? – Part 1

By Alastair Hewitt

The European Commission will begin to review AIFMD in July, 2017. Managers want some policies eliminated, especially remuneration limits for material risk takers aimed at alternative fund managers (AIFMs). Since this is a politically sensitive subject, it is unlikely to change.

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Ireland, the jurisdiction of choice for global fund managers

By Colin Keane

Global fund managers consider Ireland their domicile of choice; since 2012, the assets serviced in Ireland have doubled. Eighteen of the top twenty global asset managers have Irish funds, and over 800 fund managers across 50 countries are being serviced in Ireland. It’s no surprise that Ireland is quickly being recognized as the domicile of choice for investment funds.

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Alternatives forever changing the look of the UCITS market

By Colin Keane

Until recently, traditional UCITS followed long-only strategies and offered relative returns to investors.

Late 2015 and 2016 saw significant market and political challenges; relative returns have been squeezed through rising fund operational costs, negative territory interest rates, and low bond yields. This presented a lot of problem for UCITS managers and their investors who continue to seek positive returns, and ultimately has led to a considerable shift in allocations towards uncorrelated asset classes. In 2016, there were outflows of €63bn in long-only equity mutual funds (according to Global Investor).

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What’s driving the UCITS phenomenon: Part 1

By Colin Keane

Undertakings for Collective Investment in Transferable Securities(UCITS) have dominated the European funds market for more than two decades; assets under management equal more than €8.3 trillion, representing 60% of the European market (according to EFAMA Sept, 2016). Highly regulated, transparent, and liquid are synonymous with UCITS. So in an ever-changing market where investors seek absolute risk-adjusted returns, why are UCITS moving away from traditional strategies towards alternatives? And what opportunities does this present?   

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New UCITS Directive Creates Symmetry with AIFMD

By: Mark McLoughlin and Emma Foley

Regulatory Solutions group_opt3

The new Undertakings for the Collective Investment in Transferable Securities V (UCITS V) directive (implemented in Q1 2016) introduces several corresponding measures that have not historically been regulated. The new measures bring the existing UCITS (IV) regime in line with AIFMD. Here’s more about the changes and how they affect you.
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Irish funds growth: Will the trend continue?

By: Colin Keane

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After a poor first quarter, the Irish funds industry grew in Q2. Total assets under management were up by 4.75% versus Q1 and up 1% YTD; UCITS and QIAIF assets increased significantly. The number of funds also increased slightly, suggesting that average fund performance is up. Having fallen badly in Q1, the statistics on UCITS funds are similar to those from the end of 2015, with the Q2 gains offsetting the Q1 losses. YTD, QIAIFs have grown by 4% and remain a large growth area due to the success of the ICAV and the increase in private equity-style investments.
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Fund Managers in APAC Face Challenges with Foreign Regulations

By: Wout Kalis

Compliance Concept on İnterface Touch Screen

A growing number of APAC managers want to diversify their investor base beyond regional Asian markets, looking at Europe and the United States as potential targets. Entering new global markets can be challenging though, especially adapting to different regulatory requirements. It’s important to understand what’s needed for entering these markets. Continue reading

Irish funds industry at a glance: 2016 begins with poor performance

By: Colin Keane

Business meeting

So far, 2016 has proved mixed for the Irish funds industry. Total assets under management were down by 4% in Q1, with both UCITS funds and QIAIFs experiencing a fall. The number of funds themselves increased by a small margin, suggesting that average fund performance is worse than in 2015, when there were increases in both performance and number of funds. It seems the perceived pain of regulation has not prevented the formation of Irish funds, but the traditional alternatives space is struggling to bring positive returns. Continue reading