Asset Management, Mutual Funds

Navigating the Complexities of ETF Share Class Integration: Key Operational Challenges and Industry Insights

Ropes & Gray LLP on 7/2/2025

One of the most talked about topics in asset management is the possibility of offering Mutual Fund and ETF Classes in the same Fund. For fund sponsors and service providers looking to offer this service, there are significant...more

Overview of ETF Share Class Operational Issues

Ropes & Gray LLP on 6/27/2025

One of the most talked about topics in asset management is the possibility of offering Mutual Fund and ETF Classes in the same Fund. It appears that Funds may obtain the Relief necessary to offer these Share Classes in the...more

Cayman Islands investment funds - Spring 2025 update

Carey Olsen on 4/29/2025

Our investment funds team outline the latest developments within the investment funds market in the Cayman Islands, including the further changes to the Beneficial Ownership Regime, recent regulatory publications, CIMA annual...more

ETFs for ERISA Plans: Operational Barriers and Potential Benefits

Morgan Lewis on 4/23/2025

Exchange-traded funds (ETFs) have gained an increasing foothold in the wealth-management investment universe, with ETF assets under management currently about half the assets under management of mutual funds. As the ETF...more

Stay on Target: FINRA Proposes Rules Permitting Presentation of Performance Projections and Targets

K&L Gates LLP on 11/20/2023

The regulation of broker-dealer communications is delegated to the Financial Industry Regulatory Authority, Inc. (FINRA), while investment adviser advertisements are regulated directly by the US Securities and Exchange...more

Republican State Attorneys General Target Mutual Fund Directors Concerning Mutual Fund Adviser ESG Activities

Faegre Drinker Biddle & Reath LLP on 7/27/2023

In recent times, the focus on environmental, social and governance (ESG) investments has grown significantly. As investment decisions are increasingly aligned with ethical principles and sustainable values, the scrutiny of...more

Fifth Circuit Affirms Dismissal of Derivative Suit Against Mutual Fund Adviser and Trustees

K&L Gates LLP on 4/7/2023

The Fifth Circuit Court of Appeals recently affirmed the dismissal of a shareholder derivative suit filed against the manager and trustees of a Massachusetts business trust and SEC-registered investment company. In doing so,...more

Unintended Consequences of Wyden's Proposal to Change Tax Treatment for Mutual Funds and ETFs

K&L Gates LLP on 9/21/2021

On 10 September 2021, Senate Finance Committee Chairman Ron Wyden of Oregon released a discussion draft proposing changes to partnership taxation, and to the taxation of regulated investment companies including mutual funds...more

NOWOTNY KNOWS SQUAT! Helping Financial Advisors Build a Clientele and Assets Under Management (AUM)!

Gerald Nowotny - Law Office of Gerald R.... on 1/18/2021

Cutting edge ideas and tools to raise assets under management (AUM) and succeed as a financial advisor. #pooledincomefund #financialadvisor #taxes...more

NOWOTNY KNOWS SQUAT! Helping Financial Advisors Build a Clientele and Asset Under Management (AUM)!

Gerald Nowotny - Law Office of Gerald R.... on 1/17/2021

Nowotny On Death and Taxes episode #33 (Nowotny Knows Squat!) discusses how a customized pooled income fund (PIF) can be used as a creative method to assist a client in minimizing capital gains taxation on the sale of an...more

China Securities Regulatory Commission Responds to Foreign Asset Managers’ FMC Applications

Morgan Lewis on 12/21/2020

Feedback on recent applications to the China Securities Regulatory Commission provides some clarity on what will be expected from foreign asset managers wishing to establish fund management companies in the Chinese domestic...more