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Axa IM distributes a money market fund with Iznes
- December 9, 2022
- Posted by: IZNES
- Categories: Asset Management, Fund Distribution
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Iznes extends the use of blockchain by funds
- April 20, 2022
- Posted by: IZNES
- Categories: Fund Distribution, Innovation
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TECH UP VIEWS: Blockchain and mutual fund distribution
- February 23, 2022
- Posted by: IZNES
- Categories: Asset Management, Fund Distribution
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Insurtech of the week: Iznes, a marketplace for life insurers
- September 14, 2021
- Posted by: IZNES
- Categories: Fund Distribution, Innovation
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Real estate: The IZNES platform announces the first subscription of shares in real estate companies via blockchain
- July 16, 2021
- Posted by: IZNES
- Categories: Fund Distribution, Innovation
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Ecofi joins IZNES Blockchain platform
- April 29, 2021
- Posted by: IZNES
- Categories: Asset Management, Coopetition, Fund Distribution
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Technologies with a big impact on the funds business
- December 3, 2020
- Posted by: IZNES
- Category: Fund Distribution
Distributed Ledger Technology (DLT) is going to be the catalyst of profound changes in the fund industry. Traditionally, post-market activities are not a sector that has benefitted from substantial investments within major financial groups, and the asset management post-market segment is no exception to this. As a consequence, players suffer from operational difficulties, particularly regarding distribution, and especially cross-border distribution. Capital and goods move freely and easily within the European Union, but this is much less the case for UCITS despite Europe being an immense savings reservoir.
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Blockchain is encouraging “Coopetition” between Asset Managers
- April 8, 2020
- Posted by: IZNES
- Category: Fund Distribution
A lot of operating hurdles facing asset managers in the distribution of their funds could be removed. The initiative of Iznes, co-founded by six asset management companies, has already been favourably received by 25 contributing international players.A few decades ago, American airline companies (subsequently followed by their European peers), all competitors, made the most of the computerisation phenomenon to take a joint initiative and create a global distribution system (Sabre travel network), doing away with their technical intermediaries: travellers no longer had to obtain their plane tickets from a travel agency. The objective for these airlines was to take back control of the relationship with their customers and do without this purely technical service undertaken by distributors, the latter subsequently refocusing on higher value-added services such as providing advice and organising travel. Technological disruptions provide a sector’s players with an opportunity to review their business model and often look into coopetition (cooperation between players who are competitors). In the financial industry, and more specifically the asset management universe, blockchain is no doubt a technological disruption capable of leading to such considerations.
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The blockchain to alleviate the taxation of UCIs abroad
- July 11, 2019
- Posted by: IZNES
- Category: Fund Distribution
Due to their total exemption from corporate income tax or their tax transparency, undertakings for collective investment (UCIs) are generally not considered as residents of France within the meaning of tax treaties. Unless specific provisions are made, UCIs do not therefore benefit from treaty advantages reducing withholding tax rates on dividends, interest and capital gains received from abroad. They are subject to withholding tax at the domestic rate provided by the States (generally 30%) instead of the conventional rates (0% to 15%).