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The geopolitics of asset management
- by Dr. Michel Verlaine and Roberts Reimanis
Opportunities for the BalticsMost people, and even many finance professionals, think of the asset management industry as consisting of only investment managers and advisors. In reality, however, there are additional, so-called service providers that exercise different functions that make up the industry.One typically distinguishes the following five categories of the industry: the investment advisor; accounting and administration; the distributor; the transfer agent; the depositary bank.Apart from the depository bank, these services can actually be integrated into one legal un...
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