Guest Articles & White Papers

Expense Apportionment Software: What Is Allocation & Apportionment, and Why Should You Care?

August 21, 2019

Gary R. Markham: Expense allocation and expense allocation / apportionment software are not exhilarating subjects, it doesn’t fill you with joy and adrenaline at the prospect of finally finding a way to become a part of the expense allocation revolution. Read more…

The cash conundrum for Qualified Opportunity Zone Funds

July 29, 2019

UMB Fund Services: The Qualified Opportunity Zone (QOZ) program may offer investors temporary tax deferral, but they bring with them cash challenges for fund managers. Read more…

FASB Proposes Delays on Accounting Standard Changes

July 18, 2019

KSM: On July 17, 2019, the Financial Accounting Standards Board (FASB) voted to have its staff prepare an exposure draft to delay the effective dates for accounting standard changes on leases, credit losses, and hedging. Read more…

Time Recording for Dummies!

July 6, 2019

Gary R. Markham: It’s a well known fact that attorneys, auditors, accountants, consultants and other professional hate recording their time. That is a universal rule, which goes along the lines of “this isn’t what I went to law school for……”. Read more…

Diversification of Digital Assets

July 1, 2019

Wilshire Phoenix: Digital Assets share some similarities to traditional assets such as stocks, bonds, and commodities. However, careful consideration is needed to apply traditional methods in their investment and risk management. For an investor in digital assets, diversification is an important topic. How can one use the concept of diversification to help achieve returns while managing risk? Read more…

Unlisted Closed-End Funds White Paper

June 15, 2019

UMB Fund Services: Based on a Q3 2018 FUSE Research Network survey of senior product leaders at 37 asset management firms, product developers are increasingly looking at structures for less liquid and uncorrelated alternative investments. Read more…

What’s new and what’s next for qualified opportunity zone funds?

May 23, 2019

UMB Fund Services: In April, the Treasury Department released new regulations impacting qualified opportunity zone (QOZ) funds to address several key issues that have arisen since the funds became available and have ultimately been a deterrent for some investors and businesses. Read more…

Tokenizing Real Estate — An Overview

May 1, 2019

Gary R. Markham: Tokenization is the process of representing fractional ownership interest in an asset (utility asset or security asset) with a blockchain-based token. Read more…

A Life Saving Kit for European Fund Distribution

March 19, 2019

Since the financial crisis in 2008, the European rulebook on financial services developed exponentially and virtually all areas of financial services, from the products themselves to the provision of services, nowadays are subject to a specific applicable regulation.

What is a Captive?

February 1, 2019

A captive insurance company is a property and casualty insurance company that is established to provide coverage primarily to a Parent Operating Company.