Active ETFs: Waiting in the Wings

Thumbnail image for Active ETFs: Waiting in the Wings July 24, 2014

By Nigel Brashaw, Asset Management Partner – After being available to U.S. investors for approximately six years, active ETFs sport asset levels similar to those seen in passive ETFs after the same amount of time. Daily portfolio transparency requirements have proven to be a key stumbling block to the growth and innovation of active ETFs […]

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Re-thinking the Asset Management Middle Office

Thumbnail image for Re-thinking the Asset Management Middle Office July 11, 2014

By Jay A. Burstell, Managing Director, Asset and Wealth Management Advisory Both during and following the global financial crisis, many asset managers have scrambled to protect their margins in response to increased operating complexities and other competitive pressures. While many have focused on reducing the costs associated with their middle-office functions, in reality most have […]

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5 Key Components of a Cyber Risk Management Framework

July 1, 2014
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By Joseph Nocera, Financial Services Security Practice Leader As threats to information security gain attention in the financial industry, we’ve seen that financial services regulators are increasingly interested in asset management firms’ ability to defend against these cyber-attacks. This interest has been shown in several recent actions so far this year: In January, FINRA announced […]

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Asset Manager SIFI Designation: Enter SEC

June 26, 2014
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Asset managers who tuned in to last month’s Financial Stability Oversight Council’s conference regarding the industry’s potential systemic importance heard no surprises. The US Treasury Department and regulators did not defend the September 2013 report by the Office of Financial Research (“OFR Report”) which had suggested that the industry’s activities as a whole were systemically […]

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What Does “Flash Boys” Mean for You?

Thumbnail image for What Does “Flash Boys” Mean for You? June 2, 2014

By Anthony Conte, Partner, and Scott Weisman, Managing Director High frequency trading (“HFT”) has been prominent in the news cycle in recent weeks as a result of Michael Lewis’s book “Flash Boys,” the announcement of a Department of Justice probe into potential insider trading by HFT firms, and statements by the New York Attorney General that […]

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U.S. ETFs: More Launches, More 401(k) Plans

Thumbnail image for U.S. ETFs: More Launches, More 401(k) Plans May 14, 2014

By Nigel Brashaw, Asset Management Partner There’s no question that ETFs are a growing segment of the asset management business, with more than $2.4 trillion invested globally in exchange-traded products by the end of 2013, up more than 23% from a year earlier. Notably, ETF assets in Europe totaled $420 billion while assets in the […]

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Six Real Estate Predictions for 2020 and Beyond

Thumbnail image for Six Real Estate Predictions for 2020 and Beyond April 30, 2014

By Byron Carlock Jr., US Real Estate Practice Leader On the heels of PwC’s extensive research into the biggest trends facing asset management by 2020, we adapted some specific implications for the real estate industry in a new publication entitled Real Estate 2020: Building the Future. In this report, we highlighted six key predictions: 1. The […]

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Social Marketing: From Push to Pull

Thumbnail image for Social Marketing: From Push to Pull April 23, 2014

By Justin Kaufman, Asset Management Partner Despite facing many hurdles, forward-thinking wealth managers have begun to make inroads into integrating the social channel to engage with client and prospects. And for good reason – data shows that while a significant portion of clients are active on blogs and other social channels, nearly four times more […]

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Non-Transparent Active ETFs: Ready or Not?

Thumbnail image for Non-Transparent Active ETFs: Ready or Not? April 17, 2014

By Bill Donahue, Managing Director, Asset Management Assurance Active exchange-traded funds (ETFs) have been around since 2008, and have grown to approximately $14.7 billion¹ as of December 2013.  US regulations presently require the active ETF portfolios to publish their positions on a daily basis, which may be impacting the potential for significant growth for portfolio […]

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Product Development in Asset Management: Ride the Wave

Thumbnail image for Product Development in Asset Management: Ride the Wave April 8, 2014

By Jay A. Burstell, Managing Director, Asset and Wealth Management Advisory For players in the asset management sector in 2014, the phrase “this is not your father’s mutual fund” most certainly comes to mind.  In fact, one could argue that AM hasn’t seen such a torrid pace of product development since the derivatives boom of […]

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