Resource Library

Product innovation, distribution transformation, regulatory shifts, and rapid technology adoption are unfolding simultaneously, and the line between public and private fund structures continues to blur. These were the central themes at the recent Ultimus Client Summit.

As alternative investment strategies increasingly adopt the framework of ’40 Act funds, the selection of service providers has become a critical decision point. Provider expertise in regulatory compliance, operational efficiency, and the ability to inspire investor confidence now sits at the top of the due diligence checklist when selecting an administrator, tax, and audit partner.

The 351 exchange continues to gain traction among asset managers as a strategic method for converting various investment vehicles, such as separately managed accounts (SMAs) into exchange traded funds (ETFs). This tax-deferred process can unlock benefits, including enhanced liquidity and transparency.

Arch and Ultimus partnered with a clear mission: to transform how asset managers operate. They achieve this by combining Arch’s advanced technology, which delivers centralized data visibility and automated workflows, with Ultimus’ specialized, first-class fund administration services.

When investment managers switch custodians, attention typically centers on the transition logistics—system integration, compliance considerations, and client communications. Less often discussed is what can be left behind: years of trading history, now fragmented across multiple systems. It’s an operational gap that quietly erodes data lineage until the downstream effects become too costly to ignore.

As wealth managers look beyond traditional portfolio models, registered structures such as interval funds, tender offer funds, and business development companies are reshaping access to private market investment strategies.