By Adam Cadle

The Fund Platform Group (“FPG”), made up of a variety of financial institutions who act as fund platforms across Europe including Swisscanto London and Société Générale Securities Services, will aim to consolidate and build understanding where necessary between stakeholders.

Improvements in transaction handling and the creation of a single market voice are some of the proposals that the group wishes to implement in order to make sure that investment funds are transferred under the required regulations and the distribution process is carried out as smoothly as possible.

FPG chairman Edouard Bokuetenge said: “Fund platforms are pivotal to the evolution of the global distribution landscape, regardless of the type or location of a fund.

“At a time when new legislations are facilitating cross-border distribution but also bringing greater complexity, we believe that the creation of a strong and independent Global Fund Platform association is critical.”

Home     More News


Other stories you may find of interest:

March 2010 Products
A round-up by European Pensions

Industry responds to EIOPA consultation
Pension and investment associations across Europe have expressed different views on what they see as the future of cross-border pension provision, as the European Investment and Occupational Pension Association (EIOPA) closed its consultation on the IORP Directive yesterday

News in Brief
A round-up by European Pensions



This website is a part of Perspective Publishing Limited, registered in England No 2876166.