Over 90% of asset owners and managers believe more than 25% of their funds will be allocated towards ESG by 2021.
Tag: Asset managers
The ASIFMA paper suggested allowing investment managers and their lending agents, often global custodians, to carry out securities lending in the markets.
Asset owners are seriously considering bringing their trading capabilities in-house, which could result in a shrinkage of assets managed for a fee by managers.
State Street has highlighted its upcoming execution priorities, the formation of a new pricing committee, and how it will expand its asset servicing business.
PPM will use the platform for its entire collateral management margin workflow, collateral optimisation and trade reconciliation processes.
Potential changes to MiFID II could mean EU asset managers setting up a branch in the UK post-Brexit would face barriers dealing with European clients.
With increased requirements on fund transparency, it could provide further opportunities for custodians to offer analytics services to asset managers.
Fears that asset managers would be forced to arbitrarily unwind positions in non-sustainable companies have broadly subsided following ESMA’s announcement.
The Cost Transparency Initiative follows recent requests from institutional investors to asset managers for templates on costs and fees.
The mandate expands the strategic relationship between Citi and Aegon Asset Management, which owns Kames Capital.