Following a review of our activities, we are carrying out a reorganisation. This means that the Pridham Report and the Pridham Database will be transferred to Pridham & Pridham, while the Platform Report, the Distribution Report and other activities will remain under the Fundscape umbrella.
In practical terms this will make no difference to the services you will receive from us — we will continue to provide you with unrivalled, independent fund and distribution research. We will continue to work closely together and look forward to forging even more productive relationships with our subscribers in future.
... the summer has been and gone and barely a word was written by us. It has to be a good thing that we’re too busy to write this blog, right? With just two of us running Fundscape, we’re pretty much at full capacity so things like blogging, facebooking, tweeting etc come pretty low on the list of priorities. We’re too busy making sure our clients have all the information they need!
The last update was March 2012, a good six months ago, and looking back over previous entries we seem to have settled into a pattern of updating roughly twice a year. Which isn’t a bad thing, as it gives us lots to talk about.
I'm ashamed to admit that it's been more than six months since I updated the Fundscape blog. My excuse is that it's just the two of us doing everything round here: invoicing, contracts, writing, editing, client entertainment... you name it, we do it. But my conscience prickles... all those avid and loyal readers who have been starved of Fundscape musings must be feeling pretty disgruntled.
The last few months of 2011 were particularly busy, a whirlwind of Christmas functions (why do they always start so early?) coupled with our usual publishing deadlines, which although quarterly, seem to come round ever so fast... We were looking forward to taking a well-earned and fairly longish break over Christmas when we landed a consultancy project that had us glued to our desks from the 22nd to the 2nd January. Husbands, kids et al were of course not at all happy, but it was, however, worthwhile. And we've recently heard that this smallish group with a pretty big parent has been given the green light for our proposals. We look forward to watching them grow, knowing that we played a critical role in their development.
It's been a long time since our blog has been updated, but that's because we've been soooooo busy!
So what have we been up to? Well, back in May we launched our Platform Report, which went down well with both platforms and fund managers. The platforms are particularly keen on our statistics by business segments (institutional, direct, wrap etc) and so we expect this quarterly report to go from strength to strength. We're in the process of talking to various platforms, including D2C ones, and hope to have them on board in the next few months.
Back from Hong Kong and a very successful Fund Forum Asia conference. It was great to catch up with people and developments in the industry and enjoy that HK buzz. I had a great panel of CEOs and my rather cheeky polling questions went down well with the audience. The last question of the session was "when will Asia overtake Europe in terms of assets" and the results were pretty emphatic with the audience expecting Asian assets (probably around 15% of Europe's AUM today) to overtake Europe in less than 10 years.
It's been an incredibly busy week. Last week we launched the new Distribution Report in association with Matrix and we've been getting lots of interest from people (thank you). This week we're very pleased to announce the launch of our brand new Platform Report. This will be in the style of the Pridham Report, with lots of data, commentary and insight. We're also starting coverage by business segment, which will allow us to track developments by type of platform eg wrap or institutional business etc. For more information, please send me an email.
We're pleased to announce that Fundscape is now a member of TISA, the Tax-Incentivised Savings Association. We will be joining the Wrap Advisory Council that meets once a quarter and will give a short presentation at each meeting on the outlook for the funds and platform industry.