Funds Industry Report - Flipbook - Page 11
John Bohan Apex Group
facilitating services for PE, Alternative funds,
strongly believe that this is achieved through
passive or ETF funds, depositary, custody,
employing the right people and embedding
banking, FX and other services. Investment
our values and culture across every aspect of
managers want to work with one provider
the business. Technology and scale are funda-
where they have a single point of contact or
mental in this environment, but it’s the people
relationship manager while still leveraging a
who make it happen.
cross-jurisdictional service capability under
one roof.
So what changes for the future? Increased
regulation, in particular, for the investment
management industry which will continue to
put pressure on fees across the wider industry.
Further barriers to entry into European regulated funds with some costs passed on will also be
an ongoing theme in the future.
2020 looks to be another year of uncertainty
with an unpredictable BREXIT outcome and
continued murmurs of a recession looming
across global regions. If the economic indicators are correct, then we will see a shift from
passive to managed with a shoring up of capital looking for value and security. PE will likely,
once again, be a favoured option and I think
lower economic real estate strategies will
re-trench as capital seeks safer havens.
In this environment, the service providers that
are nimblest will stand to benet and signicantly out-perform their competitors: they are
best placed to move with the market to active
strategies and PE or private debt/deals.
In summary, the provider that has global scale
servicing all client needs under one roof, and
most importantly with a exible business
model will rise above their peers as the next
wave of challenges approach. At Apex we
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