Stephen Swanson, Invesco

Stephen Swanson

Stephen Swanson is an Assistant General Counsel for Invesco, where he serves as general counsel for Invesco’s New York-based private alternative funds business, including the Private Credit, Private Equity, Venture Capital funds businesses. Prior to joining Invesco, Stephen was the Head of Alternative Investments for the legal team at AllianceBernstein, where he led the legal team responsible for the development and support of AB’s private alternative investment vehicles. Stephen has also served as General Counsel and Corporate Secretary of the Abu Dhabi Investment Company, one of the oldest Abu Dhabi government-owned financial services companies specializing in private investments, and as the global head of the Alternative Investments and Structured Products legal team for Citigroup’s Global Wealth Management division. Stephen also has 12 years’ experience in corporate and securities transactions with leading global law firms Clifford Chance, Jones Day and Morgan, Lewis & Bockius.  He holds a J.D. from the Duke University School of Law and a B.A. from Cornell University.

15.30 - 16.00

Distribution in Europe and beyond

  • Products
    Globalisation vs specialisation (i.e. the advantages, disadvantages and complementarity of having a global platform for international distribution vs local fund ranges specialised by market)
  • Distribution
    – Where do we see trends in direct retail distribution vs institutional/intermediated distribution, differences by geographies
    – Platform consolidation: with all the consolidation happening in EU platforms, where do we see this going? What is the view on open architecture vs proprietary platforms from Asset Managers?
    – Digitalisation, Innovation: what are the trends influencing the distribution models today and with what target model in mind?
  • Complexity
    KYC/AML focus increase and Distributor Due Diligence: what are the pain points and how does the industry address it?

16.00 - 16.40

Sustainable Finance – Operational impact on the value chain

Explore the end-to-end value chain and see how the emerging sustainable investment regulatory framework could impact your current practices.

  • Investment Management
  • Depositary
  • Audit
  • Governance

17.00 - 17.40

The Added Value of Real Assets through Luxembourg

  • Understand why Luxembourg is a popular jurisdiction for closed-ended illiquid RE PE Infra or debt funds.
  • Hear how to set it up – what are the various options used by a selection of asset managers.
  • Which considerations do you need to factor in to define your operating model

17.40 - 18.00

EU regulatory update: practical aspects and solutions

  • Get Switched On! All you need to know on Luxembourg/EU regulatory evolutions
  • Market trends, regulators’ views and market players’ agenda