Blog
Investor services – is custody still king?
The leading investor services banks (State Street, BNY Mellon, JP Morgan, Citibank and so on) seem to be bifurcating into two distinct types: the Trust Banks (BNY Mellon, Northern Trust and State Street) and the universal banks (JP Morgan, Citibank, HSBC, BNP Paribas). At the same time we are seeing several banks re-shape their offerings and/or exit from certain services. Why is this? It probably all boils down to two connected factors – profitability and capital requirements.
The social media challenge for wealth managers
Social media has now grown to be a fundamental part of the fabric of our lives: the way we communicate, consume, engage in politics, the environment and work are just a few of the ways we are impacted. Yet UK wealth managers in general are slow to engage in any meaningful way.
Brexit backstop – backdoor to no stop?
Brexit rumbles on. But is the backstop just a back door route to no stop? And how much longer can it last - including David Davis' time in charge?
Commercial Property: Is there another way?
The question of fair value pricing and fund suspension was particularly topical in the aftermath of the EU Referendum in the context of commercial property funds. Many had Fair Value Pricing (FVP) in place and some big funds suspended trading. Suspension of course, is a general power open to the Operator of any mutual fund regardless of the asset class.
How to prepare for Securities Financing Transaction Regulation – SFTR
In just over a year’s time, new Securities Financing Transaction Regulation – SFTR – is due to hit users of securities financing, ...
Brexit is saved – seriously?
Who can be sure that come March 2019 the UK will not be out on their own?