Blogs

Launching a registered ’40 Act fund, such as a mutual fund or an exchange-traded fund (ETF), requires careful consideration of numerous factors. One critical decision for asset managers is whether to utilize a series trust as the structure for their fund.

As the investment landscape continues to evolve, retail alternatives are emerging as a compelling opportunity for portfolio diversification and potential for enhanced returns. This shift has expanded beyond traditional institutional circles, creating opportunities for both accredited and non-accredited investors to access financial products that were once out of reach. To succeed in this expanding market, investment managers must adapt to infrastructure challenges, including developing effective distribution networks and leveraging cutting-edge technology.

Registered Investment Advisors (RIAs) are increasingly turning to alternative asset classes, such as private credit, real estate, and private equity to offer differentiated solutions to their clients.

Asset managers, are you exploring ways to enhance the tax efficiency and operational benefits of your client portfolios? Converting SMAs to ETFs under Section 351 could be the strategic move you need. Not only does this conversion offer tax advantages, but it also streamlines processes and expands distribution capabilities for your strategies. However, careful planning, client approvals, and coordination with custodians are essential for a successful transition.  At Ultimus, we specialize in guiding asset managers through SMA to ETF conversions. Leverage our expertise and comprehensive ETF solutions to streamline the 351 process. Unlock new growth opportunities for your strategies and investors.

In the realm of private equity, success hinges on efficiency and expertise. As complexities grow in regulatory compliance, reporting standards, and data volume, many firms are seeking innovative strategies to enhance their operational management.

Today’s leading asset managers are constantly self-evaluating their investment decisions by performing comprehensive analysis of their performance. Attribution analysis, also referred to as return attribution or performance attribution, is a valuable tool for evaluating a portfolio’s performance in comparison to a specific benchmark, asset segment, sector, or security. Whether investments performed well or poorly, asset managers want as much detail as possible about what worked, what did not, and why. Much can be learned by analyzing investment approaches that either outperform or lag against benchmarks and their peer groups to determine what decisions paid off in order to fine-tune an investment strategy and to better understand past performance.