SCORPEO

Greenberg Traurig LLP paper reveals that asset managers are neglecting critical #corporateactions determinations functions, causing over $1bn in losses annually with regulatory and litigation risks. Learn more at bit.ly/2Q92z5Q #assetmanagement #corporateactions

Will the biggest #assetmanagers have disproportionate say over #ESG metrics, given how they oversee the vast majority of #ESG fund assets? An interesting question posed by @RIABiz bit.ly/3iSov1P

.@abrdn_plc reported a 3 billion GBP decrease in AuM in H1 2021 due to "flows and corporate actions." Asset flows will always shift, based on the broader risk climate. But #corporateactions can be handled in a way that grows assets. cnb.cx/3ALgCBo

Operational errors in the middle office continue to strain banks, custodians and others. The losses due to error and sub-optimal decisions are in the billions - and that's just #corporateactions. bit.ly/3iU6IGj

Scrutiny of #ESG ratings is growing. Over time, #ESG performance among asset managers and their aproach towards governance will fall under the microscope as well. reut.rs/3zFHq5n

#assetmanagers are racing to keep up with a fast-changing #ESG rating landscape - but as asset owners and regualtors step up their scrutiny on #governance, managers will do well to be proactive. bloom.bg/3rpiKeH

What's the biggest priority for #securitiesservices providers? Digitising access to data. #Transparency rules for #assetmanagers and asset owners. bit.ly/36MB3kz

#ESG assets may have declined with greenwashing rules, but demand for such investments - and scrutiny around #governance - has persisted, putting pressure on #assetmanagers. bloom.bg/36SlIPr

$87 million. That's the penalty that one bank is facing for failing to inform clients of #corporateactions and for not maximizing value. With #assetmanagers missing out on billions in corporate actions for year, this is a wake-up call for the buy side. bit.ly/3BmYUVQ

#assetmanagers hit record levels of revenues and AuM in Q1. But that isn’t reducing the pressure on managers to maximize shareholder value. Via @Comtois_PI bit.ly/3vVCeYZ

"Investors who overlook ESG-related issues may miss out on generating alpha..." When considering the billion+ dollars left on the table through sub-optimal #corporateactions each year, #governance alone stands to improve performance for #assetmanagers. bit.ly/2Sp6ca8

Interesting piece about how auditors will look for #ESG attestation to be integrated into financial reporting. We can expect the same for other operational aspects at #assetmanagers. bit.ly/3gprIVw

.@IPEnews examines how the social aspect of #ESG is rising up the agenda - but we believe that #governance, especially from institutional investors, is equally gaining steam. bit.ly/3vhV2Bq

When it comes to #ESG and returns, #governance may prove to be an important source of alpha for #assetmanagers - once they realize how much is being lost through sub-optimal elections on #corporateactions bit.ly/3pTCOoL

How are asset servicers in the US keeping pace with operational and technological demands? @ASTimes_ takes a look. bit.ly/2Tog3gt

European investors are asking #assetmanagers to incorporate #ESG principles into their securities lending activity, the latest sign of #governance making its way into the #securitiesservices industry. Via @PPielichata bit.ly/2Ty9B6s

Scorpeo CEO Matt Ruoss joined a roundtable of fellow #corporateactions experts to discuss the outlook of the industry in the year ahead - starts on page 16 @ASTimes_ bit.ly/3c155E3

The argument here is that #esg strategies hurt returns - but there's no arguing that #governance, especially when it comes to #corporateactions and #fiduciary duty, add to returns. on.wsj.com/3hwO8Vs

Asset servicers are getting serious about innovation, understanding that it's the key to securing their long-term future - great piece by @JoeParsons416 bit.ly/33HNSuM

The #assetmanagement industry is well into the post-pandemic era - but will the middle and back office seize the moment to make substantial operational change? @E_Grygo_Fintech shares his thoughts. bit.ly/2R44cmO

ICYMI: Scorpeo CEO Matt Ruoss explains why #assetmanagers who hold FTSE 100 stocks are among the most likely to be making sub-optimal #corporateactions elections @ASTimes_ bit.ly/3eqcRZW