Global tax and investor reporting
The road ahead
With ever-growing investor demand for new and innovative offerings, the Asset Management industry is expanding rapidly in both size and complexity. As such, the sector is poised for change across all of its operations. Specifically, the impact on asset managers as they try to manage the tax and regulatory requirements that accompany expansion will be significant.
There are already signs that increasingly complex tax compliance requirements and more extensive investor reporting are being driven by market growth. In turn, this is putting pressure on fund tax teams to evolve and modify the way they work and deliver value to investors and the business.
Highly dependent on third party service providers to perform day-to-day activities and drive change, fund tax teams will almost certainly look to those service providers to guide them through this transformation.