Contributing Firms:
The Questions to the Panel

2022 in review: What in your view were the most significant developments in the asset management/investment funds landscape in 2022?

ESG: Concerns around the quality and the consistency of ESG data and standards and related commentary around greenwashing are a persistent feature of the narrative around ESG investing. What are your overall observations on the trends that the asset management industry must address most urgently in 2023 in this regard?

ELTIF: The European Long Term Investment Fund (ELTIF) regime was introduced in 2015 and, despite being the only EU fund type dedicated to long-term investments that can be distributed on a cross-border basis to both professional and retail investors, ELTIFs have failed to flourish. Latest EU figures show only 67 ELTIFs have been authorised with net assets of €2.4 billion. As part of the EU's CMU agenda ELTIF regulations are set to be revamped, removing a number of limitations and increasing flexibility. Do you think the revamped ELTIF 2.0 rules can make the fund type more investible for institutional and retail investors? What potential do you see in the updated regime for fund managers, investors?

Hedge Funds: It has been suggested that as a result there could be an acceleration of outsourcing by hedge fund managers, for cost and efficiency benefits, in a number of key areas including trading. What areas do you see as most beneficial for hedge fund managers to outsource? In your experience, what areas are seeing greatest outsourcing demand from hedge funds?

Forex: FX factors have grown in importance in asset management in 2022 and are more fixed in the focus of asset managers and promoters as a result. What new solutions can funds service providers offer in this environment in the future.?

Markets: What, in your view, were the key drivers behind bond and equity market performance in 2022? How do you expect these markets to perform in 2023?