As European insurers gear up for Solvency II, they face a number of urgent decisions. This directive requires an enhanced understanding of the risks inherent in their business operations and product offerings, and places a renewed focus on the collection, delivery and governance of asset data. Many insurers are considering innovative third-party solutions to help them through the complexity.
As a strategic destination for money management, Latin America is attracting the attention of asset managers and financial service providers around the world. This Vision paper examines the global and regional long-term trends shaping Latin America’s five major economies — Brazil, Chile, Columbia, Peru and Mexico — and the opportunities they present.
Record global investment flows, macroeconomic imbalances, rising fiscal deficits and sovereign risk infuse currency markets with volatility. As investment portfolios expand the proportion of their assets deployed across borders, currency management assumes a critical role in risk management. Our most recent Vision Focus paper, “Currency Management in a Volatile World” describes the wide range of approaches available to asset owners and managers, ranging from static hedging designed to mitigate currency risk to currency alpha strategies that view currencies as a separate asset class.
As hedge fund assets under management have recovered post-crisis, institutional investors have undertaken direct investment flows to large, well established hedge funds. This Vision Capital Insights paper examines the role that quality funds of hedge funds (FoHFs) will play as the investment flows expend to smaller hedge funds employing niche strategies.