Understand the issues and comment on the current panorama of this French specialty
Equate regulatory developments on both the investors' and managers' side
Anticipate the business and financial impacts
What is expected from the fund manager
- Return on a daily basis
- Reduce interest rate risk
- Limited credit and counterparty risk
KYC and adapt to investor's horizon - How to succeed ?
- Restricted bond issues
- Asset swaps
- Structured products and derivatives
- Liquidity in any circumstance
- Finely tuned accounting
Impacts of the new EC Directive
- Two categories of MM funds
- Constant NAV funds
- Consequences for the manager
- A new paradigm on the marketing side
Conclusion: Any future abroad for the French know-how ?
Fréderic is the manager of a management company specialised in corporate and institutional clients. He first gained diverse experience in financial markets in Paris and London before turning to management on behalf of third parties. Having lived the launch of SICAVAS money market funds in 1981, he has continuously paid close attention to this type of management by working with different professional associations.