Mutual funds
The academic insights behind fears of a buy-side crunch
Risk of fire sales by highly levered funds is chief worry among influencers of regulatory thinking
SEC’s fund leverage cap needs revising but the idea is sound
Simplicity is welcome – up to a point
Buy side targets leverage cap in SEC derivatives plans
AQR says its managed futures fund could suffer larger drawdowns under new rule
Looser capital won’t ease bond liquidity – SNB’s Rime
Central banker calls for counter-cyclical leverage ratio and scrutiny of funds’ role
Blunt SEC derivatives proposals too onerous for funds
Crossover between derivatives and liquidity rules threatens heavy burden for buy side
Asset managers urge SEC to adopt swing pricing
Rule change could help funds navigate illiquid markets, asset managers claim
Smart beta versus structured products: the investor’s conundrum
Many investors favour one approach over the other, belying their similar aims
Liquid alts advocated part of hedge fund founder exit strategies
Fees lower but flow diversification raises firm valuations
SEC to focus on fair value in alternative mutual funds
Fund managers need to ensure internal controls are up to the mark
Long-only hedge funds hold key to emerging markets
Paamco posits alternative to ETFs and mutual funds
SEC probes retail hedge fund liquidity
So-called multi-alternatives are growing rapidly - too rapidly for some sceptics
'40 Act no panacea for raising hedge fund assets
Compliance costs major hurdle to achieving critical mass
Liongate: hedge fund regulation impacting returns
'40 Act and Ucits restrictions risk stifling entrepreneurial spirit of the hedge fund industry
SEC targets ‘protected’ and ‘guaranteed’ fund names
After criticising the use of the term “principal protected” in structured notes, the SEC turns to ETFs and mutual funds that promise protection from loss in their names
Canada takes aim at tax-advantaged bond funds that use derivatives strategies
Targeting the little guy
Ucits hedge funds continue to underperform hedge funds
Ucits hedge funds underperform hedge funds
Matching adjustment ring-fencing provisions ‘a threat’ to mutual insurers
Provisions would prevent common funds structures and reduce diversification benefits, say insurers
Alior Bank: Battling high deposit rates in Poland
What Alior has in store
FSA ring-fencing proposals threaten with-profits fund rescues
Regulator faces gold-plating criticism over transposition of Solvency II into sourcebook
Guaranteed returns on Desjardins' menu
The garden of guarantees
Japan FSA tightens fund rules to protect retail investors
Japanese regulator implements new rules to increase transparency of complex fund products such as double-deckers
Pimco total return ETF will be tipping point for actively managed funds
Actively managed ETFs are becoming more and more popular with investors, and the launch of a big mutual fund strategy with an ETF wrapper by Pimco will be a watershed moment for the industry
UBS 'unethical' in mortgage-backed securities pricing
UBSGAM settles SEC mispricing charges for $300,000
Structured products house of the year: BNP Paribas
Risk awards 2012