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NEW YORK, July 16, 2018 - Distribution 360, the latest European study from Broadridge Financial Solutions, Inc. (NYSE:BR), reveals growing opportunities for asset managers selling in Europe. Despite increased complexity and disruptions in the region’s fund markets, Europe’s pool of accessible assets has reached €3.4 trillion.1
Broadridge Distribution 360 offers asset managers an independent guide to the European fund landscape, navigating firms to accessible opportunities as well as revealing the relative importance of different distribution channels from country to country – critical knowledge for firms defining or honing their European distribution strategy.
The key findings from the study include:
The top-five markets by accessible assets:
“Europe continues to represent a great opportunity, and regulatory initiatives such as the Capital Markets Union (CMU) and the Pan-European Pension Plan (PEPP) could boost the uptake of third-party funds,” said Mark McFee, Director of Broadridge EMEA Insights. “But anyone serious about tapping these opportunities needs to understand what is driving change in the distribution landscape as a whole, and what makes each market tick. The markets that appear most attractive on first glance can represent significant challenges too, be it due to a strong bias towards locally domiciled products, for example in the UK, a highly competitive environment in terms of the sheer number of groups present, such as in Germany, or relatively short fund holding periods, as is the case in Italy.”
Much of the analysis in Distribution 360 is based on MackayWilliams’ proprietary ‘accessible assets’ data. The completion of this research follows Broadridge’s recent acquisition of MackayWilliams, which extends Broadridge’s ability to offer clients a combined view of global institutional and retail data analytics with qualitative insights into the global funds industry.
1 (Figure calculated as at 31/12/2017, including ETFs but excluding money market funds and funds of funds)
About the research
Distribution 360 is an annually updated online solution, based on analysis of data from multiple sources, including proprietary market data and unique research amongst 1,000 of Europe’s key distributors, insights from local experts, and two decades of experience in assessing the asset-gathering opportunities available to third-party groups in Europe’s diverse and ever-changing markets. This edition of the research is based on 2017 data.
Analysis is based on data that estimates the portion of the European market that can realistically be addressed by third-party asset managers. This combines top-down market data with in-depth research into fund-selector views and behavior to assess the degree to which markets and distribution channels are open to independent product offerings.
For more about Distribution 360, visit https://d360.mackaywilliams.com.
About Broadridge
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.
For more information about us, please visit www.broadridge.com.
To contact media relations, please email us at mediarelations@broadridge.com.