Clearstream Funds Summit in Paris in June 2004
Clearstream is pleased to be organising a French-speaking “Clearstream Fund Summit” for the French investment funds industry. The event will take place in Paris at the Palais des Congrès on Friday, 11 June 2004.
The summit is entitled “Fund Distribution in France: Challenges and Issues” . The agenda is available on our website and details the eminent speakers and key topics:
French fund distribution in Europe
European fund distribution in France
Joint report on current status of the French industry by AFTI-AFG/ASSFI
Clearstream’s initiatives in the funds market
The eminent speakers include Marcel Roncin, President of the French Association of Custodians (AFTI) (“AFTI.asso.fr” ) and Pierre Yves Berthon, Secretary General of the French Association of Asset Managers (AFG) (“AFG.asso.fr”) who will be presenting the results of a year long study about the current difficulties for fund distribution in the French market.
Clearstream is taking this opportunity to officially present its new service Vestima+ to the French market. Vestima+ offers:
An automated, electronic order-routing system
A single solution to fund distributors for domestic, non domestic and off-shore funds
Availability to asset managers and insurance companies for the first time
The opportunity for any fund promoter to distribute throughout Europe
A free choice of settlement and custody routes
Increased efficiency to fund distributors for any type of transaction whether internal, domestic or cross-border
Bruno Zutterling, Director Investment Fundsat Clearstream will be presenting the main changes to the Clearstream service for the investment funds industry, for example: the evolution from Vestima to Vestima+.
Karine De Bondt, Senior Manager Investment Funds will be presenting the benefits of Clearstream’s new multi-domestic service by explaining the details of the very flexible solution where domestic and offshore market participants can elect which elements of a service they prefer in order to minimize their own costs and ultimately reduce the costs incurred by the end-investors.
For any further information and for registration, please send an email to Franck Turchi.
For your information, this event is being organised in association with 'the AGEFI', the daily newspaper that focuses on professional financial contents.
We are looking forward to greeting you in Paris on 11 June 2004.