|
By Paolo Brignardello, Head Product Management and Marketing, Fundsquare
Investors are demanding lower fund fees. Returns have been relatively buoyant recently, but even so clients are seeking cheaper options. The fund distribution industry has to find a way to cut costs if it is to remain relevant. Asset managers understand the potential of digital transformation, but this is an industry that is traditionally wary of fast, dramatic change. Blockchain and distributed ledger technology offer an opportunity for Luxembourg fund distribution firms to make this transition.
While talk of digital disruption is a great way to generate venture capital investment, this language refrain with the asset management industry’s traditional safety-first...
|