Fund Structures & Products vs. SMAs: Emerging Trends and Best Practices

Wednesday, May 27th 2009
General Session: 12 Noon to 1 PM Eastern
Bonus Session: 1PM to 1:30PM Eastern

The aftermath of Madoff and a litany of other frauds has brought forth a new era for Fund Investors – a rude awakening.

Sovereign Wealth Funds, Pension Plans, Endowments and Foundations continue to experience escalating pressure from their governing bodies, as well as their underlying investors and other constituencies.

Institutional Investors now view performance as a factor, not a driver, in their decision matrix.

These Allocators now place increasing importance upon control, custody, transparency, liquidity and risk analytics.

Consequently, Investors have become increasingly interested in an alternative to the traditional Fund structure, which presents a new slate of challenges and opportunities to Asset Managers.

Furthermore, the escalating regulatory environment presents the Asset Management community with an increasingly complex set of requirements and challenges.

The CCO University faculty shall provide an in-depth and candid discussion, featuring an array of practical guidance and best practices regarding:

• Registered Hedge Funds - RICs vs. RIPs;
  • Tax Implications
  • Regulatory Issues
  • Open End, Close End and Interval Funds
• 130/30 Funds;
• Separately Managed Accounts;
• ERISA Issues and Structures;
• Conflicts of Interest & Disclosure;
• Distribution Platforms;
  • Institutional vs. Retail Investors
  • Broker Dealer Platforms
  • Private Wealth Management Arrangements
• Fees and Revenue Sharing;
• Operational Issues & Challenges (IA Agreements, PB Agreements, Trade Allocation, Reporting);
• Convergence;
• Business Case Study of SMA vs. Fund Structures.

Event Chairman:
Walter Zebrowski, JD, CPA, CIO, COO, Hedgemony Partners
   Chairman, Regulatory Compliance Association

Moderator:
George Mazin, JD, Partner, Dechert

Panelists:
Steven Felsenthal, JD, LLM, GC & CCO, Millburn Ridgefield Corporation
Jeffrey Kollin, Director of Financial Advisory Services, Rothstein Kass
David Pollok, JD, Legal Counsel, Lighthouse Investment Partners
Phil Masterson, JD, Managing Director, SEI
Ross Munro, Partner, Harney Westwood & Riegels




REGISTER NOW.


Please call the RCA for more information, 800-306-6133