Dear Friends, Fund Companies and Colleagues,
We are pleased to present to you the first edition of the MFEX Quarterly Bulletin. This bulletin is a new initiative which aims to keep Fund Companies informed about our services, clients, and new developments within MFEX. Our objective is to improve communication between us, keep you informed of forthcoming activities and facilitate your work with our joint clients.
We will be exhibiting at the Fund Forum in Monaco in June.
We are looking forward to meeting with you and your colleagues to explore cross border opportunities at our stand.
MFEX Trading & Rebates – For 14 years MFEX has been providing fund trading, custody and rebate collection services. Today we are providing that independent and transparent service to 35 distributors in 12 countries. MFEX is servicing clients such as Nordea and Danske in the Nordics. Likewise, clients in Europe and Asia, such as EFG and units of Credit Agricole are turning to MFEX for fund trading, custody as well as our rebate collection services. Our focus is on helping clients develop their funds business across multiple markets and geographical regions.
MFEX Rebate Collection – After a year of extensive testing, we have added this new service in 2012. The objective is to offer distributors an exceptionally transparent and fully automated way to recover their rebates through MFEX - based on the positions held with their custodian. With our two selected partners - Citibank and Clearstream - we can achieve maximum efficiency and transparency through our automated interface that communicates daily positions of the distributors to MFEX. So far, three distributors have signed up and we will keep you informed about this exciting new product within our quarterly bulletin.
A new service developed in partnership with: clearstream
MFEX Paying Agent Services – We will not only serve as your company’s Paying Agent in Sweden, but will open the doors of the Swedish market to support your future growth in one of the world’s most stable and dynamic fund markets.
Upon registration, we will make your funds immediately available for retail purchase on www.Fondmarknaden.se, the leading independent fund supermarket in Sweden, our wholly-owned subsidiary.
Around 40 Fund Companies are using MFEX Paying Agent Service. Among them are: Merrill Lynch, Swiss and Global, Carmignac, CPR Asset Management, Cazenove Capital Management, Lion Global, Pareto, Sarasin, and Wellington.
Oléna Serdyuk – firstname.lastname@example.org +33 1 55 04 04 32
Dorine Kalfon – email@example.com +33 1 55 04 04 31
Carl Palmér – firstname.lastname@example.org +33 1 55 04 04 34
John Nyström – email@example.com +46 8 559 03 650