White Papers and Reports

In the Canadian investment fund industry, Net Asset Value (“NAV”) is more than a number. It represents the value at which investors can purchase or redeem units, serves as the…

Convergence is not liquefaction For decades, portfolio construction rested on a simple binary: liquid markets (listed equities, bonds, UCITS funds, ETFs) offering daily pricing and tradability and private assets (private…

Balancing tradition and change for enduring success Foreword Finding ways for tradition and innovation to coexist is one of the most common challenges in building a lasting legacy in family…

Tokenisation has become a familiar topic of market discussions, but as the term is used more widely, its meaning has become less clear, raising what feels increasingly like a branding…

The Isle of Man Wealth & Fund Services Association is the principal body representing the funds and wealth management industry in the Isle of Man, bringing together the Island’s diverse ecosystem…

For years, the direction was clear: retail demand for alternative investments is accelerating. These asset classes are attractive for potential higher returns, improved diversification and reduced exposure to market volatility,…

The global ETF industry has moved decisively beyond its “efficient beta” origins. ETFGI data shows an ecosystem that is not only scaling rapidly, but also broadening in who uses ETFs,…

In just over three decades, Canada has evolved from a discreet pioneer to a global reference in the world of exchange‑traded funds (ETFs). This trajectory is explained not only by…

As asset servicing models evolve under pressure from consolidation, regulation, and technological change, a fundamental divide remains. Anglo-oriented markets prioritize scale, flexibility, and outsourcing, while Northern European markets continue to…

Stéphane (Multifonds): So Charles, let’s start with the big one. Why are emerging managers such a big deal for the Canadian asset management industry right now? Charles (EMB): They’re absolutely essential to…

Since the launch of the first Brazilian ETF in 2004, the domestic market has followed a trajectory that reshaped how investors access capital markets. What started as a straightforward proposition,…

In a market shaped by transition rather than interruption, understanding this shift has become the foundation for decision-making, redefining how capital is deployed and how value is built. There are…

Africa’s asset management market is entering a new phase as economic growth, a young and increasingly connected investor base, cross-border integration and digital finance expand demand for formal investment products.…

The Middle East fund industry is moving from being viewed primarily as a source of capital toward building the operational capability to manage, administer and service more assets locally. Across…

ETFs, private assets, AI and higher expectations for transparency and control are reshaping operating models across the United States and Canada. The next competitive advantage is increasingly about execution: how…

Multifonds’ 2026 technology roadmap focuses on three priorities for fund administrators and transfer agents: a modern cloud foundation, AI-powered operations, and a unified user experience with open, flexible reporting. Fund…

Abstract Fund reporting has become more complex as regulatory obligations, investor transparency expectations and cross-border distribution have expanded. Asset managers and fund administrators now produce a continuous flow of financial,…

What does tokenisation mean for fund administration? In regulated funds, tokenisation is primarily a change in market infrastructure: distributed ledger technology (DLT) can record and share transactions, holdings and ownership…