ALFI Global Asset Management Conference
Connecting investors and meaningful projects
Michael Derwael is Senior Director Independent Risk for MFS Investment Management with multi-jurisdictional coverage, Luxembourg Country Head and Conducting Person in charge of Risk Management and Valuation for the Luxembourg-based management company. He has been with MFS since 2019. He has 20+ years’ experience in the financial industry and, prior to joining MFS, helped build up risk practices at Lombard Odier Investment Managers, Luxcellence, Amundi and Quintet. Michael is a founding member of GFR, an ALRiM board member and co-chair of the ALFI Liquidity Risks working group. He is a trainer at House of Training and holds the GFR, FRM and CEFA certifications.
Speaking at
Supervision of distribution networks entails costs for asset managers, yet it also represents an investment in accessing new markets. Nearly six years since the CSSF's comprehensive clarification of delegate supervision requirements, the Luxembourg market has witnessed a significant evolution in the approach to the management of distribution channels. This evolution has led to more streamlined distribution networks, characterised by widely accepted market standards regarding information provision and increased responsiveness from distributors. These developments were driven to a no mean extent by increased use of due diligence platforms and other technological innovations. Will the introduction of the exemption for MiFID distributors and insurance intermediaries under AIFMD 2/UCITS VI mark another important milestone? What other developments lie on the horizon? Our experts will provide updates on the latest trends in the supervision of distribution networks, offering insights from the perspectives of their respective organisations.
Director