MFEX Quarterly Newsletter - Autumn 2018

Updated: Dec 4, 2019



Dear Friends and Distributors,

Strong growth experienced in the past few years continues at a good pace this autumn. New services are being introduced and MFEX spent 2018 reinforcing its European coverage strategy with the opening of new offices in Madrid and Milan.

Focus is also in organizing regular events in major investment centers to provide you with opportunities to meet face to face on the model of our Afterfunds event in Stockholm.



MEET US AT THESE EVENTS


  • MFEX Afterfunds - Oslo, Norway, October 11th 

  • AM Tech days - Paris, France, October 17th



MARKET UPDATE - NORWAY


Last year, MFEX together with the Norwegian Fund and Asset Management Association and several Norwegian distributors and fund companies ran a market PRAXIS group to define handling of fund transfers within the new account format Aksjesparekonto (ASK), introduced in September 2017. The goal of this new account format is to open the market for private individuals to be able to invest in equities and equity funds. As a result, external fund trading is increasing in Norway. To open up discussion around trading developments in the Nordics, MFEX is hosting an Afterfunds event with all major industry representatives, including fund companies and distributors, in Oslo at the Grand Hotel Oslo on October 11th. 

For more details on this event, please contact the Nordic sales team.


MARKET UPDATE - SWITZERLAND

In Switzerland, the services provided either via MFEX AB or MFEX SA are fund distribution services, rebate collection, data exchange and compliance services. Today, MFEX is servicing major Swiss private and commercial banks in the country. 

This solid market presence enables us to monitor closely the  upcoming regulatory changes in fund distribution triggered by LSFIN & LEFIN legislation coming in 2019.


For more information about distribution in Switzerland, please contact Sebastien Schweblin or Frederic Hayat.


GLOBAL FUND WATCH


Global Fund Watch (GFW) continues his rapid expansion in both Europe and Asia with an average of two new additional connections per day. As of today, more than 500 profiles have been registered and 6 000 documents uploaded from both fund companies and distributors, placing GFW as the world leading compliance platform.

GFW allows users to create profiles and exchange due diligence information with counterparts securely at any time. An added feature, the broadcast tool will allow users to anticipate reporting obligations for MiFID II and provide reporting on complaints and sales outside the target market.

For a demo, please contact your Relationship Manager for further information or you can also book a slot directly on the GFW website.



4 NEW FUND COMPANIES AVAILABLE VIA MFEX!


Plain Capital Asset Management / AIFM Group


Plain Capital Asset Management/AIFM Group oversees a wide range of UCITS and AIF funds, including private equity, real estate, and other investment funds. Broadly, AIFM/Plain is a fund hotel actively serving a wide range of asset managers and financial institutions across Europe. In addition, AIFM also offers fund administration, financial reporting, accounting, and other back office services.


Fullgoal Asset Managament


Fullgoal Asset Management (HK) Limited (“Fullgoal Asset Management”) is an asset manager, wholly owned subsidiary of Fullgoal Fund Management Company Limited (“Fullgoal”) in China, providing investment solutions and best in class services to individual investors and institutional clients. As of 30 June 2018, Fullgoal and its subsidiaries had more than USD 66 billion in AUM.


Danske Invest


Danske Invest is the brand name for mutual funds managed by fund management companies in the Danske Bank Group. Danske Capital AS / Danske Invest offers a broad range of high-quality equity and bond sub-funds to investors in Norway as well as Sweden, Denmark, Finland, Luxembourg, Germany, the United Kingdom, Switzerland, Austria and the Baltic States.


WyeTree Asset Management


WyeTree is a global ABS specialist asset manager. Based in London, the firm is 51% owned by Judith Sciamma, who has 22 years of industry experience, and 49% by Challenger Limited, a $59 billion Australian investment management company. WyeTree pride themselves on their strong investment skills which allows them to deliver steady returns despite the low interest rate environment. 




LIST OF ALL FUND COMPANIES

Should you wish to contact any of these new partnering Fund Companies and obtain further information about their funds, please contact clientservices@mfex.com.

Please find a complete list of Fund Companies on MFEX here and get in contact with us, if you require more information on funds and rebates.

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