Thought Leadership

Launching a private fund with plans to convert to a registered fund

July 19, 2022

UMB Fund Services: Some alternative investment managers are launching new funds with an expectation of later converting them to registered funds to pursue broader distribution. Here are suggestions from Ann Maurer, UMB senior vice president and mutual funds product manager, on how to avoid negative surprises when implementing that strategy. Read more…

The K-2 and K-3 Saga Continues

March 14, 2022

Citrin Cooperman: International tax information reporting for tax year 2021 adds two new schedules, K-2 and K-3, for pass-through entity tax returns. These schedules were originally intended to only address reporting of items of international tax relevance; however, the new instructions issued in January 2022 required the inclusion of Schedules K-2 and K-3 in many, if not all, pass-through entity returns. Read more…

Cryptojacking: What’s Yours is Mined

February 14, 2022

Citrin Cooperman: As the popularity of cryptocurrencies continues to grow, cyber criminals have taken notice. One threat to cryptocurrency is a nefarious tactic called cryptojacking. The following frequently asked questions will provide an overview of this topic. Read more…

Are You Ready for 2022? HR Tips to Help Your Business Thrive This Year

January 19, 2022

TriNet: It’s 2022 and if the last two years have taught us anything, it’s to expect the unexpected. This year is already bringing more pandemic-related challenges for many and nobody can predict what else may come.

It’s no secret that the business environment shifted dramatically throughout 2020 and 2021, and the HR landscape has been no exception. Read more…

Unlisted closed-end funds: Growth persists despite pandemic

November 23, 2021

UMB Fund Services: The unlisted closed-end fund structure—primarily interval funds and tender-offer funds—allows asset managers to access the mass affluent market while addressing the liquidity challenges of alternatives and illiquid securities. Read more…

UMB issues industry report on U.S. private debt market

September 18, 2021

UMB Fund Services: The private debt market has come into its own over the past decade. Once a small and obscure asset class, the market’s meteoric rise has benefited from a low interest rate environment, institutional capital backing and heightened EBITDA valuations across multiple sectors. Read more…

Ten Questions to Help Alternative Managers Evaluate Fund Accounting and Investor Reporting Technology

July 6, 2021

UMB Fund Services: Recent technology advances mean today’s alternative investment managers have access to a range of technologies that can significantly streamline alternative investment fund reporting and recordkeeping. While changing fund accounting and investor reporting platforms isn’t quick and easy, the right system can save you time, reduce your risk and help you grow assets faster. Read more…

Q&A on the evolution of fund administration from coast to coast

August 14, 2019

UMB Fund Services: Although Silicon Valley and Wall Street may seem very different, asset management and fund administration are evolving from coast to coast. Rich Talley and Ralph Santoro discuss fund administration and the trends they’re seeing across the country. Read more…

UMB Fund Services releases 2019 report on unlisted closed-end funds

July 24, 2019

UMB Fund Services: UMB has again partnered with FUSE Research Network to issue the third edition of this report, which delivers the most comprehensive look at unlisted CEFs in the industry. Read more…

Updates to RSM’s hedging guide for ASU 2019-04

July 18, 2019

RSM: In August 2017, the FASB issued Accounting Standards Update (ASU) 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities, which brought forth some long-awaited improvements to hedge accounting. Read more…