FEATURES & ANALYSIS
FBC Report Assessment of Value: An Impact Study
Three years on from the publication of the first Assessment of Value (AoV) reports, FBC has explored how implementing AoV has impacted authorised fund managers. Our in-depth FBC Report, Assessment of Value: An Impact Study, is now available to corporate members.
Our recent FBC Digital Meeting on the findings, hosted by FBC chief executive, Shiv Taneja, and Brandon Horwitz, our senior adviser who led the research, is available here.
For non-members, we will be offering a package including the Report for a fee. Details will be available soon.
FBC Member Event and Research Note
Consumer Duty: The Distributor Data Challenge
With the Consumer Duty implementation deadline approaching at the end of July, a new FBC Research Note is now available exclusively for members.
It brings together findings from a poll of senior product and governance professionals along with insights from a member meeting hosted by FBC senior adviser Simon Hynes, who also penned the Research Note, with Laurence Mumford, Distribution Governance Director at M&G, Daniel Edwards, Head of Retirement and Wealth Product at Parmenion and Mandeep Bhandal, Senior Policy Advisor at The Investment Association.
The write up is here and members can access the Research Note directly in the Member Portal here, and the event recording here.
FBC iNED Council Meeting
18 May 2023
Our recent iNED Council Meeting, hosted by Franklin Templeton, was well attended and we thank our host and attendees for the open, informative and enjoyable discussion session. Get a taste of the session here.
VIEWPOINT
Should retail fund platforms be discussing investment risk and governance of investment managers and their funds? Absolutely, says Wayne Greene, Founder / Owner of FinServ Dynamics Ltd. and our Viewpoint columnist this quarter. Read on to find out why.
SPOTLIGHT
New Independent Director Remuneration Study
FBC has launched a brand-new service for asset management firms looking to ensure that they have competitive remuneration arrangements in place for their fund board independent directors.
This benchmarking study is available free for member firms and is available to non-members for a fee. More details here.
Philip Warland Interviews…Edward Bonham-Carter
In the first of this new FBC series, Philip Warland chats informally with plural board director, Edward Bonham Carter.
If you’ve not watched it yet, this wide-ranging interview provides insight into Edward’s perspectives on topics including; philanthropic ventures, the importance of dividends, the art of asset management, regulation, demographic forces, ESG and, of course, good governance. Watch it here.
CROSS BORDER INSIGHTS
Letter from LUX
Regular Luxembourg contributor, Sheenagh Gordon-Hart, Independent Director at The Director’s Office, shares her views on pension fund regulations.
Aldcroft on Asia Pac
Our Asia Pac correspondent and veteran of the Asian asset management industry, Stewart Aldcroft, focuses on the financial industry’s continued re-awakening in the region.
FBC News
FBC Team News
Congratulations to our team members on their new independent roles:
Brandon Horwitz, FBC senior adviser and non-executive chair of our board, has been recently appointed to the Isle of Man Financial Services Authority as a non-executive director on their board,
And Simon Hynes, FBC senior adviser, has been appointed by Irwin Mitchell Asset Management as non-executive director and chair.
We know you’ll be great assets in your new roles, as you are to FBC and our members!
It’s good to share
We know that sometimes you would like to share FBC insights with your non-member colleagues. In order to make this easier, we have added a share button to some of our information in the Member Portal.
In the Portal, simply go to the Knowledgebase and click on a piece of content – on the items that are share-able you will see the share button on the right hand side of the page.
We’re trialling this so do let us know your thoughts!
FBC in the community
We’re excited to be supporting the British Heart Foundation (BHF) as one of our charities of the year for 2023.
As part of our support, one of our team members, Suzanne Withers, who most of you know as our Director, Communications and Business Management, recently took to the road (54 miles of it anyway) to participate in the BHF London to Brighton bike ride. And coming up in July, the FBC team are looking forward to taking the BHF’s digital CPR training.
For more information on our FBC charities of the year, click here.
BOARD BUSINESS
For the latest news you can use, distilled into a few brief pages, take a look at our latest fortnightly news blog here.
FBC Member Events & Engagements
July-September 2023
Date: 6 July 2023
Time: 2-3pm
Exploring and maximising service provider oversight – new research
FBC senior adviser, Peter Christmas will set out the key findings from our new proprietary research and discuss the key challenges and questions that directors should be asking when it comes to effective service provider oversight.
Exclusively for FBC members, register for this digital event in the Member Portal here.
Date: 12 September 2023
Time: 2-3pm
Effective Fund Board Process: insights and good practice from FBC’s latest research
FBC’s second Barometer study explores key challenges related to fund board process and board development. For more details and to register, click here.
Exclusively for FBC members, register for this digital event in the Member Portal here.
Date: 21 September 2023
Time: 2-3pm
Consumer Duty Champions meeting
As part of FBC’s ongoing research and engagement on Consumer Duty, we are hosting a meeting specifically targeted at Consumer Duty Champions in September. Exclusive to FBC corporate members. Invites will be sent in the coming weeks. Read further details. FBC Corporate Members can register.
