Navigating the new normal in global asset management

      Global asset managers are navigating a landscape in flux; finding footholds in the new normal of new products, new technologies and new investor demands. Heightened regulatory scrutiny and increasing transparency requirements escalate pressures on governance and fees, while responsible tax expectations rise and cost pressures continue to mount.

      For today’s asset managers and tax professionals, simply staying compliant is no longer enough. Anticipating change and creating value for the business is the new table stakes; reactive tax strategies need not apply.

      From navigating cross-border tax implications to traversing global reporting demands such as BEPS Pillar Two and ESG disclosures, proactive wealth management is reshaping how funds are structured, operated and reported. And with support from our global network of asset management specialists, we’re here to help you realize the true potential of tomorrow’s new normal.

      Working with investment managers, wealth managers, family offices and fund administrators across jurisdictions and strategies — from private equity and hedge funds to real estate and sovereign wealth — we guide global tax governance with trusted technology to innovate investment ideals.

      Whether you’re launching new funds, entering new markets or preparing to restructure, our asset management practice delivers flexibility and technology to help you shape tax strategies built for confidence, resilience and growth.


      What we deliver

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      Deep asset management experience

      From launch to globalization to exit, our asset management specialists help you deal with today’s challenges to unlock tomorrow’s opportunities.

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      Global strength, local capabilities

      With an extensive network of member firms and a strong team of senior tax talent across the world’s commercial hubs, we combine global thinking with local expertise to deliver tailored tax approaches to trusted asset management.

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      Experience in sectors and services

      Whether it’s private partnerships, offshore vehicles or registered funds, we serve a broad range of tax professionals and industry players, from start-ups to diversified financial services firms, with intelligent technology and asset management insights.


      What we do

      Explore our experience in asset management tax and more.


      Our global network of asset management specialists work with a range of clients including investment managers, wealth managers, family offices and service providers across multiple jurisdictions. With a focus on mutual funds, hedge funds, private equity funds, infrastructure funds and real estate funds — as well as institutional investors — we’re here to help tailor your approach from anywhere in the world, whatever your investment activity.

      Helping to navigate the complexities of the global tax landscape, our specialized tax professionals manage the intricacies of implementing cross-border structures, working at local and global levels to deliver due diligence, tailor tax approaches and provide services for principal government pension plans and sovereign funds across key markets. From Australia to Europe, we shape long-lasting business value for wherever your investments grow.

      Our financial services tax professionals support banks, insurers, fintechs and capital markets institutions in navigating global tax complexity. From regulatory reform and tax governance to digital transformation and ESG compliance, we bring sector-specialist insights to help you manage risk and enhance transparency across your tailored asset management tax function.


      Our technologies

      Building a technology ecosystem with leading technology alliance partners to help deliver integrated, wide-ranging solutions for your tax department, laying the groundwork for future success in a rapidly changing tax environment.

      • KPMG Digital Gateway for tax

        From enhancing governance and strategic tax planning to managing data and risk, KPMG Digital Gateway provides advanced analytics, automation and reporting to help you securely monitor and manage your tax activities, all from a single cloud platform. Learn more

      • AI in Tax

        Generative artificial intelligence (Gen AI) is helping redefine the tax function. Explore how KPMG is designing and deploying responsible Gen AI to help drive innovation, enhance decision-making and transform the global tax function. Learn more


      Our insights

      Tax policy, artificial intelligence and talent

      This report highlights key insights from the KPMG 2024 Asset Management CEO Outlook survey.

      The Fit for Pillar Two series aims to help tax teams of multinational enterprises within the scope of Pillar Two prepare for the upcoming wave of international tax changes by putting theory into practice.

      For asset managers or sovereign wealth funds that are potentially in-scope of Pillar Two, or where the application of the scope rules are uncertain, now is the time to think about next steps.

      Navigate the future of tax: pressing business issues and opportunities facing tax and business leaders today.

      Our people

      Deirdre Fortune

      Global Head of Asset Management Tax, KPMG International, and National Tax Leader – Public Investment Management

      KPMG in the U.S.

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