Blogs

With the topic posed as a question, not a statement, the panel examined the current and future states for outsourcing key back-office functions. We share some of their insights here, broadening the aperture to all private funds.

While the ETF asset pool continues to grow (topping $7 trillion in the U.S. in 2021)1, advisers are also seeing increases in assets raised via Separately Managed Accounts (SMAs). With gross assets at $54 trillion in North America2 – ballooning SMAs have reached asset levels not seen since before the financial crisis. Investors are clearly noticing some of the advantages to these types of accounts. They receive customized strategies, often get a high level of personal attention from their money managers and have the ability to see all of their specific holdings in one statement.

Over the past two years, fund managers have been tasked with finding ways to gain efficiencies and scalability not only in their fund administration management responsibilities but also in their underlying management company operations.

Over the past 10 years the number of Exchange Traded Funds (ETFs) has more than doubled and in that same time period1, assets in exchange traded funds have increased by nearly seven times2. Statistically speaking it appears that now is the optimal time to introduce exchange traded funds – and to be sure there are a number of advantages.

Exchange: An ETF Experience, a large-scale investment industry conference focused on ETFs, took place in Miami Beach, FL, April 11-14, 2022. This new experience, set to be an annual event, attracted over 2,0001 attendees including financial advisers, product sponsors, service providers, and thought leaders in the ETF space

Private equity fund accounting is quite complex to other investment vehicles.