ABBL

The current financial turmoil is a timely reminder of the importance to remain on top of market developments and the impact they can have on the fund business. It is essential that market players are constantly on the lookout for information affecting their fund distribution process and strategy.

Their goal should be to keep abreast of the latest local and international market changes, including regulatory/tax developments and their impact and to find the most efficient way to enter new markets.

To answer these needs, PwC has developed the “Market Intelligence Monitor” (MIM), service - a one-stop platform where users can find a host of information on cross-border fund distribution across 16 European countries.

Many fund distributors have expressed a need for a comprehensive, clear and regularly updated tool on specific aspects of cross-border fund distribution, such as tax, regulatory reporting, operational issues and distribution.

The latest news in cross-border fund distribution

“Change is ever constant in the cross-border fund distribution market and players need up-to-date information to implement and maintain a successful cross-border distribution strategy”, says Mark Evans, Global Fund Distribution Leader at PwC Luxembourg.
To develop such a service, a dedicated team of more than 150 experts monitor and interpret the impact of local developments on cross-border funds. The MIM provides regular updates through news flash alerts, PwC market opinions and easy-to-use bi-monthly summaries of all major changes.

What are the areas covered?

The Market Intelligence Monitor covers seven key areas of cross-border UCITS fund distribution:

•    Distribution process
•    Operational issues
•    Regulatory reporting
•    Market features
•    Marketing rules
•    Product analysis
•    Taxation


“The MIM is a terrific source of on-line information for fund promoters”, says Didier Prime, PwC Luxembourg Asset Management Leader. Such tools represent a unique value proposition when it comes to gaining a global view on strategic markets for cross-border funds.”

(Source: PwC, Luxembourg)