AMX, the open architecture exchange, focuses on providing asset owners with a smarter, easier and cheaper way to access managers, while offering managers access to significant global capital. Since launch in February 2017, the AUM on the exchange has grown by over 300%, with eight funds now onboard and a significant further pipeline.
Oliver Jaegemann, Global Head of AMX, said: “AMX is transforming the institutional investment market, bypassing the industry’s antiquated cost and resource duplication and delivering scale benefits to both sides of the market.
“We are thrilled that both asset owners and managers alike have been so swift to embrace the exchange and breaking through the $3bn AUM milestone is testament to the appetite in our industry for innovative ways to save on time and costs.
“As we approach our first anniversary, we are delighted that GSA and Systematica have joined the exchange and look forward to continuing to grow, providing managers with an innovative new distribution solution and simultaneously giving investors better choice and control over their assets.”
Leda Braga, CEO of Systematica Investments added: “We have been working closely with Willis Towers Watson and AMX since last year and have been impressed with the proposition and experience so far. The onboarding process was a smooth experience and the structure allowed us to deliver a bespoke investment solution in a scalable and efficient manner. We are pleased to be partnering with AMX.”
Notes to editors
AMX centralises, standardises and streamlines the process of investing by making implementation and monitoring more efficient through:
- Reduced duplication of cost, resource and time
- Economies of scale in relationships with other service providers, such as market counterparties, custodians, clearers and
- Standardised legal documentation
- Timelier and more accurate reporting through centralised data
- Reduced complexity via standardised infrastructure and a centralised back office.
AMX secures better pricing because of the buying power of the exchange by centralising operating costs, such as custody and administration at the exchange, thereby lowering operating expenses.
AMX also offers enhanced control for investors via an independent risk oversight function and single portfolio interface to centralise and standardise compliance, minimising distractions from the core investment function while providing greater investor confidence.
About The Asset Management Exchange
The Asset Management Exchange (“AMX”) is an institutional asset management marketplace designed to bring greater efficiency to the institutional asset management industry globally and was established by Willis Towers Watson in 2017. AMX is a global marketplace where asset owners can invest in external asset managers and where asset managers can access significant capital, while cutting value leakage. The exchange is open architecture, meaning that it is available to all asset owners and asset managers, regardless of other relationships with Willis Towers Watson. AMX provides centralised back office and standardised fund infrastructure reducing cost and resource duplication, delivering scale benefits to both sides of the market while increasing transparency and asset owner control.
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