Subcontracting: A Turning Point for Market Practices?

Last September, the AMF’s Enforcement Committee issued a ruling that had a particularly significant impact on the entire asset management industry, reigniting the debate over the distributor compensation model. In this context, several asset management firms, including Altaroc, were sanctioned. The Authority criticizes them for failing to provide sufficiently substantiated evidence that the retrocessions paid to their distribution partners were directly linked to a tangible improvement in the quality of services provided to end clients

To analyze the implications of this decision, assess its impact on the profession, and present Altaroc proposals, Club Patrimoine brought together Frédéric Stolar, CEO and co-founderAltaroc; David Charlet, President of ANACOFI; and Guillaume Goffin, Partner at Gide Loyrette Nouel.

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Read the interview on Club Patrimoine via this link

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