The tenth edition of the PwC Global Fund Distribution Poster is available now
More than 7,400 cross-border funds, their domiciles, target markets and distribution trends at a glance.
PricewaterhouseCoopers Luxembourg has just published the latest edition of its annual Global Fund Distribution Poster. Since its first publication, this tool has become a valuable reference for the asset management industry. This 10th edition, published in English, allows a quick, yet comprehensive overview on fund distribution during 2009 including “hot spots” for distribution, leading fund domiciles, key distribution trends as well as a list of the top 50 cross border management groups.
Commenting on the 2010 poster, Mark Evans, partner at PwC Luxembourg and Leader of the Global Fund Distribution service, said: “this year’s edition confirms that, in a world of persistent uncertainty, the cross-border fund industry continues to be remarkably resilient, more cross-border promoters selling more products in more countries”.
The 2010 poster highlights the distribution hot spots, details global markets targeted by cross-border funds, tracks the evolutionary growth of cross-border products and provides an in-depth analysis of the top 50 cross-border management groups.
Moreover, this year PwC Luxembourg has enhanced the poster by examining some additional aspects of distribution, including looking at the different domicile platforms the top fund promoters use to distribute on a cross-border basis, highlighting the depth of distribution across all cross-border products and tracking the evolution of management groups distributing in 20 jurisdictions or more.
“Looking back over the past 10 years the growth of the cross-border fund industry has been incredible,Mark Evans adds. In 1999, some 2,290 true cross-border funds were sold by approximately 65 fund management groups in a fairly limited number of jurisdictions. Today, 7,500 cross-border funds are sold by more than 220 fund groups all over the world.”
In 2001 a mere 16 fund groups sold their funds in 10 or more jurisdictions, whereas today 138 groups distribute this widely. With a wave of fund groups joining the cross-border industry in the first quarter of 2010, the competition will continue to intensify.
An interactive version of the 2010 poster is also available on-line: www.pwcgfd.com. This version includes the top 100 cross-border management groups, as well as additional information surrounding distribution.
Notes to editors
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