Improving automation of processes and regulatory reporting among top priorities for asset managers. Data centralisation is also another area targeted to help improve efficiency and cut reporting errors.
Amundi has reorganised, launching a single platform to bring its capabilities in real and alternative assets (AI) together. The move makes Amundi one of the leading alternative asset managers in Europe.
Italy has now included Cayman Island funds on its white list. This means Cayman funds will be free to invest in Italian securities such as bonds and securitisation instruments and receive interest payments gross of withholding tax.