By Whitfield Athey October 9, 2019 – The concept of asset allocation models isn’t new by any means, but how asset managers deliver this to clients has never carried as much importance as it does today. Fee compression and commoditization of investment products over the past decade are threatening already slim margins in asset management. There are two key components asset managers must get right.
By Burton Keller August 5, 2019 – While mutual funds may still dominate the U.S. market, ETFs are gaining traction quickly. According to the 2019 Investment Company Institute Factbook, at the end of 2018, the U.S. domestic mutual funds market amounted to $17.7 trillion in total net assets. At the end of 2018, US domestic ETFs had $3.4 trillion in total net assets, which is double the assets in ETFs from just five years ago. Index domestic equity ETFs are attracting one and a half times the net inflows of index domestic equity mutual funds since 2009. Clearly, ETFs have become very popular investments in a rather short period of time and are continuing to grow.
By Whitfield Athey May 30, 2019 – Despite grand predictions for AI’s impact on the industry, most operations professionals see little difference in their day-to-day from five or even 10 years ago. The sticking point for many is that their organization doesn’t know where to begin. But the best place is literally staring them in the face for most of the working day: e-mail.
By Jill Gregorie March 11, 2019 – The investment management “gravy train” is rapidly losing steam, and shops need to spend more money — not less — if they hope to stay on track, according to a Baillie Gifford executive. “Companies that respond to customer pressure by cutting their costs rather than investing in their capabilities will, in our view, merely hasten their journey to irrelevance,” wrote Tom Coutts, a partner and portfolio manager at Baillie Gifford, in a first-quarter 2019 commentary.
By Jill Gregorie January 4, 2019 – CCOs face enormous tasks entering 2019, including finalizing their liquidity programs, fine-tuning their internal processes of gathering and presenting data used in electronic shareholder reports, and refining their methods of examining the algorithms that underpin investment models.
By Jill Gregorie December 28, 2018 – CCOs had to meet several new digital- and data-focused demands in 2018, and in 2019, they will need to be even more tech-savvy, consultants say.
By Whitfield Athey December 18, 2018 – Morningstar’s head of retirement research recently outlined why individuals and advisors should avoid “mixing in” additional investments alongside target date fund (TDF) commitments. Likening it to adding extra eggs to a cake recipe, he emphasized that these improvisations, however well intentioned, invariably alter anticipated outcomes.
By Chris Larson December 17, 2018 – Back-office software provider and consultant Delta Data has created a new position, chief sales officer, and promoted SVP of sales Bret Bange to fill the role. Bange, a four-year veteran of Delta Data, will report to CEO Whitfield Athey and oversee a five-person sales team.
By Eugene Grygo September 26, 2018 – Delta Data, a data management systems vendor for mutual funds, is launching a solution to help trust companies, retirement recordkeepers, insurance companies and broker-dealers with the construction, trade execution and administration of highly customized proprietary funds.
By Bradley Saacks September 21, 2018 – A start-up hoping to fast-track due diligence between asset managers and broker-dealer home offices has recruited dozens of managers and manager research teams.
By Jill Gregorie August 22, 2018 – Most shops are setting monthly “bucket” classifications for their investments — but over time, most will likely switch to evaluating securities daily, lawyers and consultants say.
By Jill Gregorie June 13, 2018 – Portfolio managers will play a critical role in shops’ efforts to comply with the so-called “bucketing” provision of the SEC’s 2016 liquidity rule, lawyers and consultants say.