Fund Administration Survey: Pinpointing growth

Interesting to see where in this August 2007 survey (done by the "Funds Europe"magazine) third-party fund administrators anticipate growth - Germany is not exactly out of scope, but a runner-up: "Other markets that are picked as having exceptional growth potential are the Netherlands, Spain and Switzerland, and to a lesser extent, Germany."

Another key finding is: "The increasing complexity of the products serviced leads to more complex IT requirements. The management and integration of increasingly sophisticated IT platforms is also mentioned by respondents as a key challenge for the industry. The investment required in IT is also an issue as it takes place against a backdrop of pressure on fees and demands for greater fee transparency." Well, that is, with all given respect, no surprise...