Increasing globalisation of the industry and leveraging resources and opportunities across regions and regulators

Thomas Albert, Chief Executive Officer, Oppenheim Asset Management will be presenting a keynote session at the International Fund Management Summit, 8-9 March. He will deliver a presentation discussing the increasing globalisation of the industry and leveraging resources and opportunities across regions and regulators. This will be include best practice globally, leveraging across regions and more.

Thomas has around 19 years experience in the Asset Management feild. Ranging from distribution, to product management and general management. My key responsibilities were always linking product / product development to client services, covering clients globally from Latin America, Europe to Asia.

Thomas will be presenting at the highly anticipated International Fund Management Summit, taking place 8-9 March and the Center for Financial Professionals are looking forward to him presenting a keynote session where he will be reviewing the increasing globalisation of the industry. He has briefly explained some of the technologies in leveraging resources across regions. The core of the products are usually sort of similar. Investment processes, implementation, administration. The delivery / wrapping is however different, as well as the client requirements. The challenge is to find the balance between local and global.

European asset managers, especially in the UK, have seen some of the strongest levels of globalisation over the past two decades, driven by their clients’ appetite for overseas stocks and bonds. It could be possible that the industry continues to forsee a constant increase in globlalisation. However this refers more to the liquid products. It will be interesting to discuss, whether this trend can be seen also for Alternatives, or multi Manager products.

In regards to the futre of the asset and fund management professional evolving in the next 6-12 months t will be a struggle between regulation, taxation, management efficiency and local offering. With the increasing regulatory requirements, it will be a challenge to always achieve economies of scale, while at the same time the cost pressure and responsibilities increase. Hence there will be an increasing demand on legal and regulatory know-how and on generalists understanding the whole value change. The pure sales will need to evolve into a very professional relationship management.