Asset managers and fund companies are now playing on a field marked by turbulent markets and complex regulatory reform. In this kind of environment, a trusted advisor with a balanced, comprehensive and international perspective can be an invaluable resource.
As the leading provider of business solutions to the asset management industry in Canada, PricewaterhouseCoopers can be that advisor. We work in dedicated teams linked to our global network, and provide services not only for many of the largest retail mutual fund companies but also for niche-driven asset managers. We have the experience needed to properly understand your unique business concerns, and we can help your organization meet changing regulatory requirements, respond to turbulent markets and mitigate risk.
The asset management sector is especially impacted by Canada's impending conversion to the International Financial Reporting Standards (IFRS), largely because of the high level of financial assets on the books of investment funds. New criteria could affect the valuation of funds under management and the calculation of fees by fund managers and thus give rise to potential earnings volatility. With more than 100 IFRS professionals in Canada who have been directly involved in an IFRS conversion process, we can help to ensure a seamless transition for your company that keeps your goals in clear sight.
PwC's advisory, audit and tax services can help asset management companies:
Facilitate conversion to IFRS
Address US GAAP issues
Manage industry and product consolidation
Respond to the globalization of markets
Structure mergers and acquisitions
Tackle complex multi-jurisdictional legal issues and regulatory questions
Increase tax efficiency
Recognize and manage risk
Improve performance and distribution capabilities
Where our IFRS experience intersects with our asset management industry know-how, unique insight and value can be found. For more information visit our IFRS microsite, download one of our publications, or contact a professional near you.