Adam Lessing, Fidelity International

Adam Lessing Adam Lessing is the Head of Central and Eastern Europe at Fidelity International. Prior to joining Fidelity Adam Lessing was the London-based Head of European Business Development for Aviva Investors, the EUR 400 bn. asset manager of the British Aviva insurance group. Before then Adam Lessing held senior positions with AXA Investment Managers and Goldman Sachs Asset Management as well as other financial companies. Adam Lessing holds a doctorate in law from the University of Vienna and a Master of Laws (LL.M.) from the University of California (Berkeley). He is board member of the Association of Foreign Investment Funds in Austria (VAIÖ) and other associations as well as past deputy chairman of EFAMA.

Special appearance by:


Panel discussion


10.55 - 11.40

Looking forward to enhanced cross-border fund distribution

One of the aims of the Capital Markets Union project is to foster growth by reinforcing the role of capital markets, investment funds and asset managers, in the financing of the European economy, too dependent on bank financing. In this context, the European Commission has made proposals to remove the remaining barriers to cross-border distribution of funds. How will these impact the distribution processes?
Will integration help the cross-border investment fund industry to seize the opportunity and contribute more effectively towards economic growth? If so, which are the products and who are the clients?

A debate between the Commission and the industry

  • Paulina Dejmek-Hack

    Paulina Dejmek-Hack Member of the Cabinet of the President, Financial Advisor European Commission

  • Erich Gerth

    Erich Gerth Partner and Chief Executive Officer Bluebay Asset Management

  • Adam Lessing

    Adam Lessing Head of Central & Eastern Europe Fidelity International


11.40 - 12.25

Delegation, "third countries", Brexit... Quo vadis, distribution of EU funds?

Delegation of certain asset management functions to a company’s headquarters, other group companies or specialist third-party asset managers, with the decision-making process and risk oversight remaining in the country from which delegation takes place, is a tried and tested practice in the European and international fund industry.
It is important to third-country asset managers of European funds and it benefits the end investor by providing access to local asset management expertise. Brexit, coupled with the “ESA Review” proposal, have put the delegation model at the core of heated discussions. How are these perceived outside the EU? What is the way forward?

A regulators debate


14.35 - 15.15

Focus on Latin America

Key developments in the region, including recent amendments to pension fund regulations, offer new distribution opportunities for UCITS and alternative fund managers, as well as improved choice for local investors.

A deep dive into local trends and regulatory changes


16.00 - 16.40

Focus on Southeast Asia

The fund and asset management industries in Southeast Asia are growing significantly. The panel presents new opportunities in the region, including in Thailand, Indonesia, Singapore and the Pacific.


16.40 - 17.05

A discussion with NICSA and HKIFA

ALFI talks to its Conference Partners, NICSA and HKIFA, about important developments in their respective markets, amongst others the progress of Asian passporting schemes or FinTech in the US.