broadridge

The story behind an investment fund or asset manager is taking an increasingly important place in the selection process. Performance and price will always matter, but there is more to it than that these days,’ said Chris Chancellor of Broadridge this week at the cross-border distribution conference of Financial Times, Deloitte and Elvinger Hoss.

Nearly 1,200 billion euros in assets is tied up in newly launched funds that need at least 100 million euros to break even, according to research by the data consultancy Broadridge. Almost six in ten Luxembourg-domiciled funds have less than 100 million euros in assets.