Asset management

  • Fund of funds tax considerations: Managing investor and regulatory demands

    8/26/14 | Asset management

    This document summarizes fund of fund tax considerations as discussed during a webcast by a panel of asset management, state and local tax, and technology specialists within PwC’s Asset Management Tax practice.

  • Hedge fund administration: 4 trends that may drive new growth

    8/26/14 | Asset management

    With growth opportunities for hedge fund administrative services decreasing, where will new demand come from? The answer lies in competitive forces now shaping the asset management industry. Learn which four key industry trends could drive new growth in hedge fund administration, and how these emerging changes could affect your business.

  • US Real estate insights: Summer 2014

    8/26/14 | Real estate

    Single family homes and student housing are two areas that are gaining popularity with real estate investors. In this issue, we also provide our perspective on the latest market and economic trends, regulatory activities and legislative changes affecting the real estate industry.

  • Webcast
    Statutory Accounting Update - PDP Webcast Series - September 18, 2014

    8/20/14

    In this webcast, Jean Connolly will summarize the recent developments of the short and long-term projects of the National Association of Insurance Commissioners (NAIC) with a focus on decisions reached at the 2014 NAIC Summer National Meeting (August 16-19).

  • Non-GAAP financial measures: Investor and analyst perspectives

    8/6/14 | PwC Investor Resource Institute

    Companies often use non-GAAP financial measures to provide insights into their business. Investment professionals share their perspectives on the value to investors, their effect on transparency, and perceptions on management.

  • In depth
    In depth: Consolidation - a new standard is imminent

    8/5/14 | Assurance services

    The FASB expects to issue a final standard amending the current consolidation guidance in the coming months. The new consolidation standard will make targeted changes to the current consolidation guidance and end the deferral granted to investment companies from applying the variable interest entity (VIE) guidance.

  • What investors need to know about cybersecurity: How to evaluate the investment risks

    7/31/14 | PwC Investor Resource Institute

    Cybersecurity is more than just a technology issue in the back office; it's a critical business issue that can dramatically impact a company's competitive position. Learn what leading practices are available to investors to determine if a company is reasonably prepared to weather the storm of a cyberattack.

  • Point of view
    Point of view: Non-GAAP financial measures: Enhancing their usefulness

    7/16/14 | Assurance services

    Enhancing the transparency of non-GAAP financial measures can help users better understand past performance, read our Point of view to find out more.

  • Proposed regulations on the definition of real property for REITs

    5/28/14 | Asset management

    On May 9, 2014, the IRS released proposed regulations (“Proposed Regulations”) which are intended to clarify the definition of “real property” for purposes of the asset tests applicable to real estate investment trusts (“REITs”). The IRS’s expectation is that taxpayers will be able to utilize the additional guidance in the proposed regulations to analyze whether their assets qualify as real property in lieu of seeking private letter rulings.

  • Asset classes in the alternatives industry – What’s hot, what’s not

    5/28/14 | Asset management

    This document summarizes the issues discussed during PwC’s webcast, Asset classes in the alternatives industry – What’s hot, what’s not.

  • Valuation multiples and purchase allocation trends

    5/22/14 | Transaction services

    What are the latest comparable statistics for mergers and acquisitions and active trades in the financial services industry? Check out PwC's quarterly valuation summaries for the Banking, Insurance and Asset Management sectors. Insights include: trends in market multiples, related transactions, and transaction benchmarking analysis.

  • US Real Estate Insights: Spring 2014

    5/15/14 | Real estate

    This publication provides perspectives on the latest market and economic trends, regulatory activities and legislative changes affecting the real estate industry as well as informed views of the most current developments in operations, business strategy, taxation, compliance and financing.

  • Webcast
    Statutory Accounting Update - PDP Live Webcast Series - April 30, 2014

    4/2/14

    In this webcast, Jean Connolly will summarize the recent developments of the short and long-term projects of the NAIC with a focus on decisions reached at the 2014 NAIC Spring National Meeting (March 29- April 1). The webcast will also highlight the activities of some of the committees, task forces and working groups of the NAIC.

  • The art of letting go: Middle- and back-office right-sourcing options for insurance investment management

    3/31/14 | Financial Services Institute

    Insurers can transform their investment management middle- and back-office functions to gain a competitive advantage. Which right-sourcing approach will work for you?

  • Webcast
    PwC Cash Investment Survey Results Webcast – March 6, 2014

    2/27/14 | Advisory services

    Join us on Thursday, March 6 at 2:00 pm EDT, as we reveal the results from the PwC Cash Investment Survey. The survey was designed to identify leading practices in corporate investment management and provide value-added insight that treasury and finance professionals can apply within their own organizations.

  • Asset Management 2020: A Brave New World

    2/18/14 | Asset management

    How will the asset management industry’s operating landscape change by 2020, and how can asset managers prepare for the challenges ahead and turn them into competitive advantages? PwC's Asset Management 2020 poses these questions and offers a perspective on how they might be answered.

  • Webcast
    PwC's Investor Resource Institute megatrends webcast - February 6, 2014

    1/21/14 | PwC Investor Resource Institute

    PwC's Investor Resource Institute invites you to join us for a webcast on Thursday, February 6 from 3:00 - 4:00pm ET. During this webcast we will be discussing five megatrends that we see shaping the global business environment, and the implications of these macroeconomic forces may have on corporate strategies.

  • Setting the standard
    Setting the standard - January 2014

    1/9/14 | Assurance services

    Welcome to the latest edition of "Setting the standard." It includes the latest updates on the standard-setting activities of the FASB and IASB. Learn more inside.

  • The next generation of ETFs: Why every asset manager needs an ETF Strategy

    11/14/13 | Asset management

    Exchange traded funds (ETFs) have enjoyed two decades of explosive growth. Evolving and proliferating as they attracted new users, ETFs went from a single vehicle providing exposure to large cap US equities to thousands of products representing a dizzying range of asset classes and strategies. As ETFs reshape their environment all over again, asset managers and intermediaries alike will want to have strategies in place to deal with the changes sweeping across the competitive landscape.

  • How global tax reforms might impact ETF efficiency: A look at the implications for ETF strategy and structuring

    11/14/13 | Asset management

    Due to their low costs and potentially greater tax efficiency, ETFs offer a very efficient return to investors. ETFs’ tax advantages have contributed to their strong competitive position and growth. But a rapidly changing tax environment will present challenges as governments around the globe seek to bridge budget deficits. By staying on top of these changes, sponsors can mitigate adverse effects while remaining compliant with changing global tax laws.

  • ETFs: How innovators and regulators are shaping growth in the Asset Management industry

    10/28/13 | Asset management

    As Exchange Traded Funds (ETFs) enter their next phase of growth, much rests on the actions of the regulators. Innovation created ETFs and equipped them to achieve success through flexible, inexpensive and tax-efficient tracking of broad-based market indices. While growth in ETFs is set to continue, the pace of expansion likely will be impacted by regulations.

  • PwC Mutual Fund Directors Roundtable: 2013 highlights

    10/28/13 | Asset management

    Professionals from PwC’s Asset Management practice and directors from the boards of some of the nation’s leading mutual fund groups gathered for informal discussions of the industry’s key issues and significant challenges. These talks generated important insights into what directors are thinking about in today’s evolving marketplace regarding valuation, risk management, board effectiveness, and other key issues.

  • PwC’s 2013 Investor Survey

    9/25/13 | PwC Investor Resource Institute

    What most concerns investors? What do investors expect of corporate directors? How do investors view the current quality of corporate disclosures? We asked investors about these issues, and the message received is clear: Investors want to know more about the risks that companies have identified, and how they are managing them. And investors are looking for more information.

  • The Connected Advisor: The Rise of Digital and Social Advice in Wealth Management

    9/3/13 | Asset management

    This paper examines the four forces of change that are shaping wealth management - shifting demographics, changing client behaviors and expectations, rising technological innovations and emerging disruptive competition.

  • Current developments for mutual fund audit committees - June 30, 2013

    8/16/13 | Asset management

    This edition of PwC's Current Developments for Mutual Fund Audit Committees covers insider trading and the risks to registered funds, SEC scrutiny of mutual fund distribution and marketing fees, and valuation.

  • Money market funds: The SEC’s long awaited proposal

    8/6/13 | Financial services regulatory practice

    The SEC recently issued a proposed rule that would fundamentally alter money market fund regulation and disclosure.

  • Asset managers: SEC and European regulators agree to share information and cooperate on oversight

    7/24/13 | Financial services regulatory practice

    The SEC and the European Securities and Markets Authority finalized a supervisory cooperation agreement on July 18th to allow regulators to share supervisory information about investment advisers doing business internationally.

  • Derivatives: CFTC finalizes cross border guidance and extends timeframe for conformance – July 12th deadline met

    7/24/13 | Financial services regulatory practice

    The Commodity Futures Trading Commission continued its progress this week toward a scheme for regulating global swap transactions.

  • The overhaul of lease accounting: Catalyst for change in corporate real estate

    7/19/13 | Real estate

    This PwC publication outlines financial reporting, economic, tax and regulatory issues which commercial real estate may face with the proposed new lease accounting model.

  • Dataline
    Dataline: Responses are in on the FASB and IASB's financial instruments classification and measurement proposals (No. 2013-15)

    7/1/13 | Assurance services

    This Dataline provides a high-level summary of the of the comments received on the board's respective proposals.

  • Dataline
    Dataline: Investment companies – FASB modifies definition of an "investment company" (No. 2013-14)

    6/25/13 | Assurance services

    On June 7, 2013, the FASB issued amendments to ASC 946 that modify the definition of an investment company under US GAAP. This Dataline looks at the key aspects of the new guidance and shares our insights on applying it.

  • Non-GAAP measures (Insights from the Investment Community)

    4/15/13 | PwC Investor Resource Institute

    Companies in the United States typically follow generally accepted accounting principles (GAAP) when preparing financial statements. A non-GAAP measure is defined as a measure that excludes (or includes) amounts that are included (or excluded) in the most directly comparable measure calculated in accordance with GAAP. Read why members of the investment community find non-GAAP measures useful.

  • Segment footnote disclosures (Insights from the investment community)

    2/28/13 | PwC Investor Resource Institute

    US accounting standards require public companies to disclose, in their financial statement footnotes, segment data based on the “management approach,” under which investors are provided with a view of the business through the eyes of management. Read more in this edition of Insights from the investment community.

  • Demystifying the audit

    2/20/13 | PwC Investor Resource Institute

    This Insights for the Investment Community explains what the auditor does, what the auditor does not do, and how to better understand the audit opinion.

  • Dataline
    Dataline: Financial instruments classification and measurement - An update on the FASB's tentative approach to be exposed in Q1 2013 (No. 2012-21)

    12/7/12 | Assurance services

    Classification and measurement is an important part of the FASB and IASB’s joint project on financial instruments. This Dataline provides a summary of the boards' decisions that is based on the project summaries posted on their websites, our observations of their meetings, and our understanding of their intent.