If the UCITS ETF market feels crowded, that’s because it is and is still growing. Assets hit roughly 3.5 trillion dollars in April 2026, tripling in six years and marking the 43rd consecutive month of net inflows. New issuers are piling in: 13 managers launched in Europe in 2025 alone, most of them with actively
New ETF issuers: running before they can walk? Read More »
For private equity, private credit, infrastructure and real asset managers, the story of the last decade is simple: more capital, more complexity, and less room for operational error. As assets under management continue to grow and fund structures become more sophisticated, private market fund operations are becoming increasingly important to a manager’s ability to scale
Private market funds: How to scale commitments and complexity Read More »
Exchange‑traded funds were built for intraday liquidity, low cost and radical transparency. Over the last few years however, issuers have been busy testing how far that chassis can be stretched. Active strategies, buffered outcomes, semi‑transparent portfolios and even private‑market‑adjacent exposures are now being packaged into ETFs as investors demand both sophistication and simplicity. By 2025,
ETF Issuers: When the “everything wrapper” meets private markets Read More »
Family offices have quietly become some of the most important decision‑makers in private markets. What started as discreet vehicles for preserving dynastic wealth has evolved into a global network of investors that behave more like lean, opportunistic alternative asset managers than passive holders of blue‑chip stocks. In parallel, hedge funds have moved from being “exotic
Family offices expanding into private markets without a safety net Read More »
For most of their history, private markets have been a closed conversation between institutions, sovereigns and a narrow band of ultra‑wealthy families. That conversation is changing fast. Regulators, distributors and managers are actively prising open the gates, inviting a new strata of investors into asset classes that were never designed with “mass‑affluent” behaviour in mind.
Private Markets’ Next Stress Test: Liquidity, Access and the Hidden Operational Wars Read More »
The asset management industry is currently experiencing a massive migration. Trillions of dollars are flowing from traditional mutual funds into Exchange-Traded Funds (ETFs). The primary catalyst driving this capital reallocation is not liquidity or transparency—it is tax efficiency. Yet, as traditional asset managers rush to launch ETF wrappers, a critical operational vulnerability is being ignored.
The Alpha Drain: Why Legacy Mutual Fund Plumbing is Sabotaging ETF Tax Efficiency Read More »
For many emerging hedge fund managers, the biggest hurdle isn’t performance, it’s operational readiness. Strong fund operational architecture is often the deciding factor in whether a manager successfully clears operational due diligence before ever presenting investment results. That can feel daunting, especially for managers launching funds in 2026, but the good news is that this challenge is
Is your architecture ready for modern fund structures? Read More »
When it comes to the roll-out of an ETF share class for an existing mutual fund, outsourcing partners can make the process a lot smoother and cheaper. A tightly orchestrated ecosystem of existing outsourced partners can be the foundation of not just one launch, but multiple launches across a mutual funds range. Right ecosystem, lower
ETF share classes: Assembling the right infrastructure for launch Read More »
In this, our second bulletin on the operational challenges of ETF share classes, we provide further guidance for fund managers on what is required to make the share class work effectively, and the changes needed within your organisation. Truss Edge has a strong pedigree in supporting the operational needs of fund managers in both the
ETF Share Classes: What to think about before launch Read More »
The growing interest in ETF share classes represents a significant turning point in the way funds are likely to be structured. As billions of dollars continue to flow into ETFs, mutual funds and their service providers are grappling with a fundamental operational dilemma: how to retain investors who increasingly prefer the liquidity, transparency, and tax
ETF share classes: Is the fund management industry ready? Read More »
