We are pleased to inform you that Platforum ranked Fund Channel as the best international B2B platform in Europe in its annual report released in May 2022.
Platforum is a UK-based independent research consultancy that provides an annual report on European fund distribution. On this occasion, 128 asset managers participated in the survey.
In addition to the overall ranking, Fund Channel topped three out of the six criteria of the survey: efficient process, value for money, and compliance support.
Efficient process refers to the effectiveness and efficacy across all services and systems; value for money to how asset managers assess access to distributors and services concerning fees; and compliance support refers to due diligence and advice on legal requirements.
European platforms have dramatically increased their share of retail fund distribution in Europe over the past five years – they now control over a quarter of European fund AUM reaching 3,684€ bn an increase of 26.5% from the previous year.
Platforum’s research underlines better alignment between asset managers’ expectations and the institutional platforms’ offerings. Herewith are some relevant items:
- More standardization ie. due diligence questionnaires and fund data;
- Market intelligence and transparency; and
- Integration with other systems
Under the sponsorship of the French asset manager association (AFG), Fund Channel worked along with other market participants to define good practices and provided recommendations on key topics. Platforum cites the positive outcome of this initiative.
We do thank all the asset managers for their positive feedback on our services.
Please contact Fund Channel, should you require further information concerning the report as well as the AFG recommendations.