One comment that jumped out at me from the dispatches sent to us from COP27, was that one asset manager expects a ‘dialogue’ between European investors and regulators ‘on ways to consider interoperability between taxonomies in different regions’. 

There are a variety of regulatory regimes covering things like fund naming even within European countries, let alone the wider world. While the UK’s SDR has been praised, it only adds another opportunity for divergence. This multiplication of taxonomies must be brought under control. It has put a significant cost burden on fund groups, and cannot be helping to solve real-world problems.

We have more from our distribution leaders. Amplify wanted to know: in a bad year, what does success look like? Is it losing less than the rest? Celebrating hard-won winners? Or the work put in for next year? Watch our report to find out.

And we return to our Equities Elite, with the longest-serving manager on our list. French funds veteran William Higgons has been a manager for 30 years. If nothing else, his interview is a masterclass in long-term thinking. He has held one stock for 15 years, and brushes off expectations that some investments will have a ‘lousy’ 2023 with a Gallic shrug.