– As we are waiting for several important speeches this week, we are expecting further volatility until the end of the month as we saw during May. Despite uncertainty and the rotation, our fund managers haven’t experienced much redemptions, confirming long term convictions in our funds. During the last 6 weeks, we have increased portfolio updates to ensure investors are fully updated and have access to managers

– New funds roll-out has been delayed due to administrative constraints but we are still hoping for 3-4 new funds during H2. Managers have been filing for SFDR and funds should be eligible for Article 8 and Article 9. Finally, we have reinforced middle office resources and have developed a transactions reporting tool to facilitate assets reconciliations and client servicing.

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