South Africa – Time to Shine
South Africa’s asset servicing industry has become an established market in the last 20 to 30 years, but industry experts say that there is still space to grow
State of Independence
Post Woodford both regulators and consumers are pushing for more clarity around the actions and behaviours of authorised corporate directors and the relationship between individual funds and fund platforms. The debate about the desirability and effectiveness of ACDs external to fund management companies (think Link and Woodword) compared to internal ACDs (think the majority of the fund industry in the UK) may have some way to run. As regards ACDs within fund management houses, the current mood music suggests that the concern and pressure for Chairs on fund boards to be Non-Executive is growing, in line with the fact that the PRA [...]