UCITS

Natalie Westerbarkey, Director, Client Executive at Citigroup Securities and Fund Services discusses how through understanding the new regulatory landscape and intersection (or interaction) of rules, asset managers can better assess the impact these new rules will have on their costs, risk management and operations

ESMA publishes today a consultation paper (ESMA/2012/44) setting out future guidelines on UCITS Exchange-Traded Funds (UCITS ETFs) and other UCITS-related issues. The proposals cover both synthetic and physical UCITS ETFs and detail the obligations to come for UCITS ETFs, index-tracking UCITS, efficient portfolio management techniques, total return swaps and strategy indices for UCITS.

VPD is a leading provider of solutions to the asset management industry. The flagship product suite – VPD Risk & Performance – provides functionality and value to asset management operations. It covers a number of functions like GIPS, Attribution, Reporting and Enterprise Data Management with a special edge on risk and performance functions.

In close collaboration with Alfred Berg Asset Management AB, BNP Paribas IP, and other clients, VPD has developed a reporting package to meet regulatory and analytical requirements for RISK.

Vertex Capital Management has migrated its Vertex Evolution UCITS fund to Circle.2, Point Nine’s live and cloud-based middle and back office services platform for hedge funds.

To help hedge funds meet new demands from regulators and investors, Algorithmics, an IBM Company and leading provider of enterprise risk solutions, today announced that its hedge fund reporting service is now available for the US market. The service, Algo Risk Reports, has recently signed Optima Fund Management as a client in New York for UCITS reporting.

State Street Corporation (NYSE:STT), one of the world’s leading providers of financial services to institutional investors, today announced that it crossed the $10 trillion mark in client assets serviced by the firm’s investment analytics team. In addition to this milestone, enhancements were added to the risk and analytics offering including new functionality for online and UCITS reporting and attribution dashboards. 

To help hedge funds meet new demands from regulators and investors, Algorithmics, the leading provider of enterprise risk solutions, today announced the launch of Algo Risk Reports, a new product optimized for hedge funds. The launch has been timed to coincide with the first of the new regulatory reporting requirements, UCITS IV, which will be introduced in Europe in July.

Newedge, a global leader in multi-asset brokerage and clearing, announces its appointment by Aspect Capital Limited, as swap counterparty to the Aspect Diversified Trends Fund, a Dublin domiciled UCITs-compliant fund with daily liquidity.

The use of portfolio swaps is growing among investment managers. Subbiah Subramanian of Eagle Investment Systems explains the appeal and potential pitfalls in using portfolio swaps.

Performance, risk and compliance data consolidated to help clients manage investments and regulatory reporting requirements

Northern Trust (NASDAQ: NTRS) can now offer integrated reporting to clients across the globe, through a tool which consolidates predictive risk management, performance evaluation, and compliance analysis on Northern Trust’s Fundamentals dashboard.