Funds Industry Report - Flipbook - Page 35
Eoin Motherway The Asset Management Exchange
Cost and operational savings:
the industry. Boutique providers through to mul-
Investor Whitbread Group Pension Fund’s
ti-billion dollar hedge funds manage and access
initial conversation with AMX focused on cost,
data in a variety of ways. Streamlining data and
with identied savings of over £100,000 per
reporting, with easy access through a client portal
annum in manager fees and £4,000 per man-
increases efciency and saves time for all parties
ager in legal reviews in the rst year of using
in the process.
the platform. However, once they started using
Institutional asset management is continuing to
AMX, Whitbread was impressed by the ongo-
grow at pace. The future of Irish domiciled prod-
ing operational efciencies and resulting time
ucts from tax transparent vehicles like the
savings.
Common Contractual Fund (CCF), to the nimble
In addition, tax transparent fund structures can
structure of the Irish Collective Asset-manage-
offer pension schemes withholding tax savings
ment Vehicle (ICAV), and the pending conclusion
and this is made simple for asset managers as
of the Irish Limited Partnership (ILP), offer global
AMX operates the fund and leaves managers
asset managers a full, robustly regulated suite of
free to focus on the investment strategy.
vehicles from which to service investor monies.
A multi-asset approach
Platforms in their various guises can alleviate the
Multi-asset platforms offer investors diversi-
burden of governance through smarter, coordi-
cation and exibility in times of de-risking. The
nated execution, while also yielding cost savings
AMX platform offers hedge funds, global equity
and transparency to the betterment of the end
and credit funds and has recently launched
institutional investor or end saver in a pension
passive funds, with a stewardship overlay to
scheme.
meet ESG demands. New strategies are continually being added to respond to market
needs.
Streamlining governance
In a competitive and complex world whilst
clients continue to face constraints on their
governance budgets, centralisation of relationships and consolidation of asset strategies in
one place helps efcient governance while
executing to the standards and spirits of regulation. Continuing regulatory pronouncement
and increased expectation of existing regulations, by both regulators and investors, require
a streamlined workow to ensure all interests
are met.
Positive client experience through a digital interface
Data is currently accessed in many ways across
34