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The Assetizer · 9 April 2026

The AMC Summit Program is Complete. Here's Why You Should Attend.

We are very happy to announce that SRP has joined our Global AMC Summit to present findings from their newly published 2026 AMC Report, and Swissquote will be hosting our AMC Breakfast. If you haven't yet, here are three good reasons to sign up.

The AMC Summit Program is Complete. Here's Why You Should Attend

This newsletter is part of The Assetizer, GenTwo's thought leadership platform.

A few weeks ago I shared the first outline of the GenTwo Global AMC Summit — a week of webinars and in-person events on the topic of Actively Managed Certificates, running April 13–17. 

Since then, two significant additions have come through: SRP, the structured products research authority, will be joining us to present findings from their just-published 2026 AMC Report, and Swissquote will be sponsoring the AMC Breakfast on Friday morning.  

With the program now complete, I thought I would give you a final overview of the program and three reasons why it’s worth it to sign up for some or all of the sessions.  

Reason 1: You'll come away with a real understanding of what AMCs are — and where the market stands

The week opens with Luca Bianchi, partner at Kellerhals Carrard and widely recognised as Switzerland's foremost legal expert on AMCs. He's watched this market grow from its post-GFC origins to multi-billion AUM across 15 years and around 100 clients. The session covers the full foundations: what an AMC actually is in legal and structural terms, the SPV vs. on-balance-sheet distinction, why the regulatory setup makes AMCs so much faster and cheaper than a fund, and when they make sense — and when they don't.

Then there's the SRP session. Structured Retail Products is the market's independent research authority, and they'll be joining the Summit to present findings from their just-published 2026 AMC Report.  Current estimates of global market size range from hundreds of billions to USD 1.6 trillion, partly because nobody in the industry has agreed on a definition yet. Pablo Conde will take us through that, as well as the provider landscape, the real advantages of AMCs over funds, the risks that come with the structure, the regulatory picture, the geographic spread, and where the market is heading. And he'll walk through what AMCs are actually being used for today, from carbon credits, esports and Web3 to pig farming.  

Reason 2: Practical guidance on what it actually takes to get one done

Four sessions approach the how-to question from different angles.

ISP's Fabio Oertle has processed hundreds of AMC launches from the infrastructure side. That vantage point gives him a specific kind of intelligence that's hard to get elsewhere. His session maps the full AMC lifecycle from an asset manager's perspective: the five steps from idea to live product, the bankable and non-bankable paths, what asset managers consistently underestimate, and where the market is heading — including the emerging question of AI-driven strategies and what it means for the AMC model when the manager isn't regulated.

Our GenTwo Master Class goes inside a specific real-world issuance with GenTwo's structuring and legal teams. The case study format means a look at actual decisions and best practice at each stage: compliance, product legal, term sheet, listing, and lifecycle management. It’s a rare look under the hood and especially interesting for anyone who has never been through the process before, or who is looking to understand the process better from a practitioner’s point of view.

The AMC Creator session, with Melanie Glöckler, takes a different angle: buyer research. Melanie has been studying how different types of potential AMC clients think about, evaluate, and choose their route to issuance — three distinct profiles emerge. The session also introduces the Creator tool itself, a structured comparison platform across AMC providers and custodians, and what it signals about where the market is heading.

The AMC Breakfast with Swissquote is the informal version of all of the above: a peer conversation over coffee on Friday morning, no slides, no pitch. Just ask the experts and share your thoughts. A great opportunity to talk shop over coffee and croissants.

Reason 3: A look at AMCs working in the real world

Two sessions on specific contexts where AMCs are doing something distinctive.

Luma Financial's Fernando Concha Bambach covers the Americas. The US picture is largely a cautionary tale — tax and regulatory headwinds explain why AMCs haven't taken hold there. The LatAm story is different and considerably more interesting. AMCs are being used in four established ways: as strategy vehicles, as trackers for assets difficult to access in certain jurisdictions, as tax-efficient wrappers, and as vehicles for illiquid cross-border investments. Luma is also developing a fifth use case — structured note AMCs — which they believe could bring a historically niche asset class to a much wider investor base.  

Sygnum's Dominic Lohberger and GenTwo Digital's Florian Marty cover the digital asset side — not what's theoretically possible, but what's actually being done. The session maps where AMCs sit on a digital asset manager's maturity curve, what state-of-the-art custody looks like for trading-heavy crypto strategies, and how lending and staking are being integrated. There's also a genuine on-stage disagreement about tokenization that makes this one worth watching if you're sitting on the fence about digital asset AMCs.

Tom Lyons, GenTwo