NICSA IQ | JULY 2015

NICSA IQ | JULY 2015
Highlights from this months NICSA IQ include: The benefits of actively managed ETFs; Are board term limits built on faulty logic?; How decision paralysis hurts retirement savings; and more!

Financial Times Feature | No case for term limits for directors

Financial Times Feature | No case for term limits for directors
This Financial Times featured article takes a look at at the recent global trend toward establishing term limits for directors. Co-authors Theresa Hamacher, President, NICSA and Bob Pozen, senior lecturer at the Harvard Business School and senior fellow at the Brookings Institution, review the evidence on term limits -- which suggests that they are counterproductive.

NICSA IQ | June 2015

NICSA IQ | June 2015
Investing Through UITs New FINRA-reviewed infographic with an introduction to unit investment trust.   Fund Facts Ten facts about the fund industry from Strategic Insight.

Growth Trends in AIFs | Dominant Domiciles

Growth Trends in AIFs | Dominant Domiciles
As demand for regulated Alternative Investment Funds (AIFs) continues and the boundary between traditional AIFs and mutual funds further erodes, investor appetite for AIFs is expected to remain strong. What’s driving this growth? Which domiciles are benefiting most? A recent NICSA webinar Current Trends: Domiciles of Alternative Investment Funds featuring Kamil Kaczmarski, Engagement Manager, Wealth and Asset Management Domain with Oliver Wyman in Frankfurt, focused on trends driving growth among the most successful domiciles for AIFs. He reviewed the results of a study commissioned by ALFI, the Luxembourg fund industry association.

NICSA IQ | May 2015

NICSA IQ | May 2015
EUROPE 101 Baffled by European regulation? In European Union Securities Rulemaking, NICSA and ALFI provide a road map.   BEHIND THE SCENES 7 behind-the-scenes initiatives to increase financial market transparency and efficiency.

Europe 101 | New resource from ALFI and NICSA

Europe 101 | New resource from ALFI and NICSA
U.S. asset managers are often baffled by securities rulemaking in the European Union. This new presentation from NICSA and Luxembourg fund industry association ALFI provides a brief introduction to the process -- and how it differs from the U.S. regulatory process.

The 800-pound gorilla | Floating NAV creates operational challenges for MMFs

The 800-pound gorilla | Floating NAV creates operational challenges for MMFs

A recent NICSA webinar, speakers from EY, BNY Mellon, Boston Financial Data Services, Deutsche Asset & Wealth Management, and EY Global Services summarized the changes they foresee for MMFs.

Morningstar: What Drives Alternatives Funds Ratings?

Morningstar: What Drives Alternatives Funds Ratings?

How does Morningstar’s rating process work? How are funds categorized? With the advent of liquid alternatives funds, the answers have become more complex. At the NICSA General Membership Meeting earlier this month, Josh Charlson, head of alternatives fund analysis for Morningstar, gave attendees a peek under Morningstar’s hood.

The Asian Fund Passport | How U.S. Managers can prepare

The Asian Fund Passport | How U.S. Managers can prepare

At a recent ALFI-sponsored NICSA webinar, experts from Elvinger, Hoss and Prussen and Dechert discussed three proposed schemes for creating a UCITS-style cross-border fund sales regime in Asia.

Doing business in Asia | What’s driving Asian fund passport schemes?

Doing business in Asia | What’s driving Asian fund passport schemes?

A recent NICSA webinar sponsored by ALFI, the Luxembourg fund industry association, reviewed initiatives to create a UCITS-style cross-border fund sales regime in Asia. Experts from Elvinger, Hoss and Prussen and Dechert discussed the Asian market environment that has given rise to three proposed schemes. Take a look...

NICSA: 8400 Westpark Drive, 2nd Floor McLean, VA 22102 • Tel: 508.485.1500 • Fax: 508.485.1560