A keynote address from Joseph Stiglitz, American economist, professor at Columbia University and recipient of the Nobel Memorial Prize in Economic Sciences
Global Funds Week '21: Diversity & Inclusion in the Fund Management Industry – Taking Stock, Harnessing Change, Looking to the Future (February 2021)
We discussed how events of 2020 have impacted minorities and D&I work within the fund management industry and more broadly, and what steps firms need to take to effect real change, not just commitments to change, in order to address the significant inequalities and barriers to entry that continue to exist.
Global Funds Week '21: Conflicts: Secondaries, multi-strategy platforms, regulatory oversight and the role of the LPAC in the 2020s (February 2021)
We reviewed general conflicts of interest faced by managers and conflicts that arise when a sponsor has multiple products and strategies, as well as tips and strategies for mitigating these conflicts.
We discussed all things ESG and how it's changing the funds industry: disclosures and data-gathering, its practical application to traditional investing, investor perceptions of the sector and what it means for the future.
We explained the benefits of the rapidly growing and evolving space of minority investments in fund managers. The recent interest in these types of investments comes from the relative novelty as an asset class and an understanding of asset management, which allows such investors to buy into something they know.
Representatives from various countries presented an overview of restrictions on foreign investments with a focus on the CFIUS review process in the US, the Foreign Investment Screening Regulation in the EU, the National Security and Investment Bill in the UK, the FDI regulations in Japan and the Foreign Investment Law in China.
Global Funds Week '21: Forward thinking: the outlook for the European asset management industry (February 2021)
We discussed current trends in the European asset management industry, including the rise of sustainable products, the rise of alternative funds, the digital transformation, and regulation in areas of investor protection, systematic risk, and liquidity.
We examined current trends in the Spanish secondaries market, focusing on topics such as financing, tax issues, regulatory framework, features of financing structures, key regulatory issues and our predictions for 2021.
Ashley Alder, IOSCO Chairman and CEO of the Hong Kong SFC joined Mark Shipman Clifford Chance Partner in Hong Kong to discuss the regulatory in 2021 for the Funds and Investment Management Industry.
We reviewed the practical application of new global sustainability regulations, the EU Taxonomy tool and the Sustainable Finance Disclosure Regulation in the EU, the UK Green Finance Strategy, expected changes under the Biden Administration in the US and guidelines on green investment by funds issued by the Asset Management Association of China.
Global Funds Week '21: ERISA – US Pension Money Knocks at Your Door – New Opportunities and Dangers! (February 2021)
We discussed the opportunities and risks of investing in private sector pension plans in the US. These funds can be lucrative and a good source of funding for managers, but are subject to the nuances of ERISA laws.
We examined developments in tech and fintech impacting the funds sector in the US, the EU and Asia, focusing on the debates over classification of tokens, the benefits of tokenization on the issuance side, finance decentralization and new developments on the horizon.
Dame DeAnne Julius reflected on the uncertainties of 2020 and lays out the new global order for 2021, concluding that above all companies must aim for flexibility and resilience.