COVID-19 – a live stress test for fund management companies
Funds Europe talks to Hubert Zeller of UBS White Labelling Solutions.
The last six months of COVID 19-induced lockdown have acted as a live stress test for the whole funds industry and for the white label fund management company model in particular. So says Hubert Zeller, Global Head Business Development for White Labelling Solutions at UBS Asset Management.
The requirement for flexible, lean and efficient service models has been driving outsourcing and delegation trends. As a result, white labelling has grown in size as wholesalers, pension funds and large investors increasingly look to third parties for anything outside their core competency.
But how do these services stand up during a market crisis such as we have seen with COVID 19?
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