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How Citigroup is Trying to Leverage Social Networking

Posted by on Nov 5, 2010 in Conference Summaries

This post is a summary of a session from the FRA’s 8th Annual Managed Accounts Summit. The speaker was Chandresh Iyer, Managing Director and Head of Global Custody & Investment Services, Citigroup. Chandresh began by stating that Citigroup is looking at social networking as a means of delivering advice, since you’re more likely to do something […]

FundFire: Bank of Hawaii Launches $2B UMA Program

Posted by on Aug 12, 2010 in News

Article published on Fundfire on August 12, 2010 By Tom Stabile The Bank of Hawaii is the latest wealth management outfit to ride the unified managed account wave, unveiling a new program that opens the door to third-party separately managed account managers for the first time. The Honolulu-based bankexpects to shift more than $2 billion of its $6.6 billion in client assets over […]

SMA Managers Lean on Step-Out Trading for Fixed Income

Posted by on Mar 9, 2010 in Industry Analysis

SMA Managers are relying heavily on step-out trades to support investments in fixed income securities, according to the results of a survey done by Financial Research Corporation (FRC). The survey, which is titled “SMA Step-Out Trading Trends in 2009”, had responses from 23 managers and most (86%) managed 20,000 accounts or less. However, the managers […]

RIA’s Turning to Alternatives

Posted by on Dec 25, 2009 in News

After the financial meltdown of 2008, a “flight to safety” defined the investment landscape in 2009.   But if media headlines are any indication, 2010 may be defined by a boomerang effect, caused by advisors shifting client portfolios away from ultra-conservative holdings into more alternative investments such as hedge funds, currencies, limited partnerships, structured notes, private […]

The Pros & Cons of Overlay Portfolio Management Outsourcing

Posted by on Dec 9, 2009 in Conference Summaries

Excerpts from the 2009 MMI Technology & Operations Conference. The speaker for this session was Randy Bullard, Executive VP, Institutional Business Development, Placemark Investments. What is Overlay Management? Randy began by breaking down Overlay Portfolio Management (OPM) into two main components: Administrative/Operational Functions – Mostly accounting tasks such as simple asset class rebalancing, managing cash […]

Technology Impact of Models-Only UMA and UMH Programs

Posted by on Dec 2, 2009 in Conference Summaries

Excerpts from the 2009 MMI Technology & Operations Conference. The speaker for this session was Jean Sullivan, Managing Director at Dover Financial Research. What is the Technology and operational impact of the increasing growth of model only programs, UMA and UMH? How are firms on all sides of this process managing the challenges these programs […]

What Went Wrong in Managing Risk and How Can We Do Better?

Posted by on May 19, 2009 in Conference Summaries

This is a summary of a session from the FRA’s Performance & Risk Measurement Symposium that was held in Boston on April 23-24, 2009. Speaking in this session was James E. Hollis, CFA, Managing Director of Cutter Associates. Jim provided a well-researched overview of the recent financial crisis as well as some tangential, but interesting […]

Financial Crisis Failures and 
Improving Risk Management

Financial Crisis Failures and 
Improving Risk Management

Posted by on May 16, 2009 in Conference Summaries

This is a summary of a session from the FRA’s Performance & Risk Measurement Symposium that was held in Boston on April 23-24, 2009. Speaking in this session was James E. Hollis, CFA, Managing Director of Cutter Associates. Jim provided a well-researched overview of the recent financial crisis as well as some tangential, but interesting […]

Going Beyond the Fundamentals of Benchmarks and Getting it Right!

Posted by on May 7, 2009 in Conference Summaries

This is a summary of a session from the FRA’s Performance & Risk Measurement Symposium that was held in Boston on April 23-24, 2009. Speaking in this session was Ronald J Surz, President & CEO of PPCA, Inc. Ron is a pension consulting veteran, having started with A.G. Becker in the 1970’s.  He earned an […]

Proposed Changes to GIPS Standards

Posted by on Apr 28, 2009 in Conference Summaries

Last Thursday and Friday, I attended the Financial Research Association’s Symposium on Performance and Risk Measurement in Boston.  There were a lot of informative sessions and I took almost ten pages of notes, so I should have enough material for a bunch of posts. Unfortunately, I wasn’t able to travel on Wednesday evening, so by […]