Upheaval in the European money market fund sector seems inevitable with the very existence of these products threatened by new regulations, while US-based funds could be handed a big advantage
Regulation

Regulation impacts sub-advisory growth
Leading figures from the fund management world discuss the changing dynamics of the European distribution landscape and the rationale for outsourcing assets to sub-advisers

AIFMD to add an alternative string to Luxembourg’s bow
Alfi chairman Marc Saluzzi discusses the state of the fund industry and what the AIFMD directive will mean for marketing alternatives across borders

Reputations take a pounding from regulators’ firing squads
The damage to banks reputations from scandals will make it harder for these institutions to secure private client business
RDR raises questions for family office market
With the Retail Distribution Review set to demand changes to the platform regime in the UK, family offices in the country must adapt their business models

M&A boom a sign of the times
Tougher regulation around the world is driving consolidation within the wealth management market
Culture and the cross-referral conundrum
Enhanced regulations will force financial institutions to look at bringing their wealth management and investment banking teams closer together, but the culture within the firm must be right for this approach to succeed

Regulation drives rise in IT outsourcing
With private banks having to comply with increasing levels of regulation, many are finding that outsourcing IT operations is more cost-effective than developing in-house solutions
Taxing times for offshore assets
Aggressive new tax initiatives are targeting cross-border wealth, but will clients declare their assets voluntarily, or play hard to get?

Switzerland learns to adapt to increased regulation
Increasing levels of regulation, especially from the US, are forcing the Swiss to make significant adjustments to preserve their status as a leading financial centre
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