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.

Implementing Money Market Reform | 4 Areas of Focus

While the most significant provisions of the SEC’s package of changes to money market regulation won’t take effect for 18 months, the investment industry is already moving full steam ahead on implementation. Last month, at a client forum to discuss the industry’s progress on implementing money market reform, executives from BNY Mellon reviewed 4 areas that are currently getting attention.

Quick Take | The Transfer Agent of the (Near) Future

At the NICSA Strategic Leadership Forum in February, in a breakout session on “Put On Your Seat Belts, It’s Going to Be Quite a Ride!,” representatives from Betterment, KPMG, State Street and session sponsor Boston Financial Data Services talked about megatrends in the fund industry and their implications for service providers. Here’s the quick take from that session.

Quick Take | The Brave New World of Asset Management

At the NICSA Strategic Leadership Forum in February, in a breakout session on “‘The Dissolving Boundaries: Passive Strategies Achieve Explosive Growth, Alternatives Become Core and ETFs Mature | Forecast: Clouds Making Way for Blue Sky,” representatives from session sponsor PwC talked about the outlook for the asset management industry. Here’s the quick take from that session.

ABLE Accounts and More | What’s New in the NICSA TA Guide

The NICSA Transfer Agent Compliance Guide has just been updated. Here's what's new.

Quick Take | Financial Advisers Integrate Active and Passive

At the NICSA Strategic Leadership Forum in February, in a breakout session on “Advisor Insight: Trends and Segmentation Strategies for Growth,” representatives from Cogent, Principal Funds, Strategic Insight and session sponsor Broadridge talked about trends in adviser sales of mutual funds. Here’s the quick take from that session.

Quick Take | Responding to the Growth in Liquid Alternatives

At the NICSA Strategic Leadership Forum in February, in a breakout session on “Liquid Alternatives: Time for Investor Education and Risk Awareness,” representatives from DST Systems and session sponsor State Street talked about the growth of liquid alternatives funds. Here’s the quick take from that session.

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.

Financial Times Feature | Actively managed exchange traded funds

This Financial Times featured article takes a look at actively-managed exchange-traded funds -- with a focus on a new type of fund from Eaton Vance that has recently received SEC approval. This new fund type, branded as NextShares™, will be launched in the second half of this year.

Quick Take | 4 Keys to Effective Oversight Programs

At the NICSA Strategic Leadership Forum in February, in a breakout session on “End to End Oversight: From Board to Back Office,” representatives from Harding Loevner, Carne Global Financial Services and session sponsor Northern Trust talked about how collaboration is key to oversight programs that span multiple products and jurisdictions. Here’s the quick take from that session.

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