Articles tagged: Distribution
  • September 2019Opinions & Features

    Austria

    The Austrian robo-adviser Savity claims to have been the first adviser of its type to offer private investors a sustainable asset management service, 'Savity Green', based on the strict criteria of the Sustainable Investment Forum (Forum Nachhaltige Geldanlagen (FNG)). It says a performance comparison of the Savity Green and Savity Classic investment options over the last 18 months shows the …
  • September 2019Opinions & Features

    France

    In July, the Bank of France published its annual review of the regulated savings market in France. According to its figures, at the end of 2018, household financial wealth stood at €5trn, down €40bn on the previous year. The bank reports that the fall in value was due to the stock-market downturn in the fourth quarter of 2018, rather than …
  • September 2019Opinions & Features

    Germany

    Deutsche Bank affiliate Postbank launched a campaign to attract customers to ETF-based savings plans. Back in the spring, the bank had initiated a campaign together with BlackRock offering iShares funds at a discount. It’s new for Postbank to offer savings plans for free – so far only direct- and online banks have been offering such models. From 1 September onwards, …
  • September 2019Opinions & Features

    Italy

    In July, the market research firm Magstat published its yearly study on the Italian wealth market. Magstat estimates that the total volume of assets managed by Italy's 261 wealth-management firms stood at €944bn at the end of 2018 (+3%). This is sourced from just over 1.16 million clients and 84.3% of the country's entire wealth market, believed to be …
  • September 2019Opinions & Features

    Spain

    A quick glance at this month’s domestic fund sales' rankings was enough to underline the unsurprising fact that asset managers with access to the distribution networks of leading banks ruled the local roost. Thus the fund arms of Santander and Bankia respectively featured at the top of the headline sales' chart. Meanwhile, in the sphere of third-party funds of funds, …
  • September 2019Opinions & Features

    Sweden

    In 2017 Norway introduce ASK (Aksjesparekonto), similar to the popular ISK accounts in Sweden. These accounts makes it easier for investors to shift between funds and equity investments as investors no longer have to pay capital gains tax, instead a fee on total AUM is paid. Thus these accounts also contribute to making the fund market increasingly flexible and competitive.
  • September 2019Opinions & Features

    Switzerland

    To successfully do business with the large Swiss players, an asset manager needs to have products of a certain
  • September 2019Opinions & Features

    UK

    Lloyds Bank has announced plans to launch robo-advice for customers investing less than £100k (€110k) by the end of next year. The new service will also be available through its subsidiaries Halifax and Bank of Scotland.