Education

Unavoidable Change On the Horizon: Breaking Down Topic 606

Accounting Standards Codification 606, Revenue from Contracts with Customers, (Topic 606) will require significant accounting changes for many asset managers. Many of the fee arrangements under which asset managers provide services to investment companies will need to be re-evaluated under Topic 606, specifically: Base management fees and related fee waivers and expense caps Incentive or performance…

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NYS DFS releases FAQs around cybersecurity regulation

Effective March of 2017, the New York State Department of Financial Services’ (NYS DFS) Cybersecurity Regulation (23 NYCRR 50) was implemented for all defined “covered entities.” Since the time of the announcement, there have been various questions around what is considered a “covered entity” and the requirements of these entities. On March 23, 2018, the…

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GDPR: Is your organization ready?

A great deal of confusion is swirling around about the General Data Protection Regulation (GDPR). With the GDPR enforcement date looming (May 25, 2018), many organizations are struggling to assess their data footprint. This discussion focuses on how your organization can prepare for enforcement, ongoing monitoring and compliance. The European Union (EU) regulation governs the…

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Machine Learning: Unlocking the Power of Unstructured Data

Establishing a link between current observables — structured and unstructured data — and future behavior is a major undertaking in finance, and naturally the field is embracing machine learning to tackle this typical learning task. This requires broadening the range of data and methods, and shaking some old habits. Conventionally, the majority of financial data…

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Five Operational Factors Driving Emerging Markets Custody Forward

A strong global economy, led by several emerging economies, continue to provide valuable investment opportunities for alternative managers. This global rising tide continues to reward all market participants, making it difficult for asset managers to stand out in a crowded field. It follows there is increased interest in emerging markets as investors look for return…

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Race for Assets – At the Crossroads – Investor Demand and Fund Manager Realities

Our exclusive survey reveals that investors want greater transparency and lower fees from their alternative investments. How can fund managers deliver while holding down costs? Change in the air: 98% of fund managers believe that investor demands are raising the need for new operational solutions. Cards on the table: 59% of investors feel transparency is highly important…

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Race for Assets – Alternative Investments Surge Ahead

BNY Mellon’s new survey, conducted in partnership with FT Remark, reveals a bright outlook for alternative assets. Investors are satisfied with the returns their alternative exposures are generating, and the vast majority feel that performance has either met or exceeded expectations. Indeed, more than half of respondents expect allocations to increase over the coming 12…

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Grittier Hong Kong Districts May Prove Alluring to Wealthy Investors

As Hong Kong tycoons sell office space in Central, the island’s business and retail hub, wealthy investors may do better to look for buying opportunities in less prestigious areas such as Island East. Mainland Chinese corporations keen to give a good first impression to global customers have been bidding up rents in Central, home to…

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