An Alternative Fund Solution for RIAs
Today there are about 6,000 companies that trade publicly on the NYSE and Nasdaq. Public listings surged recently from a 2016 low of 3,600, benefitting from a wave of SPAC mergers. However, in total [...]
Private Equity: Outsourcing Fund Administration in the New Normal
In the new normal, outsourcing presents the opportunity for strategic partnerships that provide solutions to investment managers experiencing increasingly formidable fund administration requirements and challenges. The pandemic of 2020-2021 continues to affect the private [...]
ETF Market Drivers. Why fund managers are launching exchange-traded funds.
Why do exchange-traded funds (ETFs) make sense for today’s investors? Maybe it’s tax efficiencies, availability, lower fees, diversification, or a mixture of all of these and more. Today’s ETF market segment is rapidly evolving, [...]
Essential Elements of a Fund Compliance Program
In the world of investment company compliance, one can have all of the essential elements of a great compliance program, but without the intangible ingredient of a highly-experienced and attentive Chief Compliance Officer (CCO), [...]
SPAC Primer. Workings and Terminology.
SPACs, also known as blank check companies, are not a new concept; they have been around for more than 30 years. However, 2020 was a record year for SPACs in the U.S., and 2021 [...]
Fund M&A Activity is Booming. Things to Know Before You Go.
Savvy asset managers regularly re-evaluate their business and the market to identify acceleration or pivot strategies that will preserve or enhance their business model. Recently, we’ve seen an increase in asset manager consolidation as [...]
Mutual Fund Board Considerations for Insurance in 2021
With 2021 well underway, fund boards will inevitably meet to consider insurance renewals at some point in the near future. Here are a few items for fund boards to consider and ask about heading [...]
The Expansion of ‘Model Portfolios’: Gaining Ground & Providing Efficiencies
Modern portfolio theory was introduced in the early ’50s and until the financial crisis in 2008 it was widely regarded as the optimal way to manage risk in a client portfolio. Even prior to [...]
Chasing the ‘Active’ Trend in ETFs – Upfront Considerations
At the end of 2020, there were more than 2,390 ETFS listed in the U.S., with a record of nearly $5.5 trillion in assets. Actively managed ETFs set new records in 2020, as well. [...]
Interval Fund Proration – Turning Product Features into Functionality
Interval Funds have enjoyed a meteoric rise in recent years, and despite a challenging year, assets now top $35b as of December 31, 2020, according to Interval Fund Tracker¹. The COVID-19 pandemic fueled volatility [...]