MacNicol & Associates Asset Management US, LLC’s Post

A video from a fund that protects MAAM clients during sharp market downturns. The MAAM investment team calls it portfolio insurance; watch the video below to learn more. Universa COO Brandon Yarckin tells @KellyCNBC on @CNBCTheExchange the firm has been bullish for the past 18 months and expects the S&P 500 to hit 6,000 by the end of the year. https://t.co/KWVKT5Iz8o

As a follow-up to our immensely popular Collateralized Fund Obligations (CFOs) OnPoint from 2022, I'm excited to share that our team has published a comprehensive update to this piece in partnership with LexisNexis. This article is not publicly available, so if you’d like to receive a copy please comment below or drop me a private message and I’d be happy to share. #CFOs #GlobalFinance #FinanceLaw

⚠️This post may cause hunger and appetite!😋 Just like a delicious Cypriot meze platter, at WWG, we serve up a variety of services, each carefully crafted to meet your specific needs. Think of our services as the ultimate business meze — offering a bit of everything, from financial services and legal support to fiduciary management and digital asset solutions. 👉Swipe through the carousel to explore the full “meze” from WWG and discover how we can help you grow and succeed. #wwg #wisewolvesgroup #wealthmanagement #paymentsolutions #brokerage #digitalassets #corporateservices

A return to stability in the insurance-linked securities (ILS) market is starting to drive an uptick in investor interest and Artex Risk Solutions believes this will benefit both cat bonds and the collateralized side of the market. With comments from Kathleen Faries and Scott Cobon of Artex Capital Solutions.

The Financial Industry Regulatory Authority (FINRA) has fined LifeSci Capital LLC $900,000 for multiple violations, including the receipt of unreasonable underwriting compensation and failure to meet regulatory requirements during public offerings. The regulator said in a filing that the New York-based firm, specialising in underwriting, has also been censured and required to implement a supervisory system to address these shortcomings. https://lnkd.in/evu9hJhA

My thoughts (courtesy of FundFire Alts ) on valuation and performance of #semiliquid #privatemarket products...with a teaser on how #intervalfunds are like #ETFs. #privateequity #PE #privatecredit #registeredfunds #40Act

Navigating a 1031 Exchange can be challenging, especially when finding a replacement property within the strict 45-day window. A Delaware Statutory Trust (DST) can be an excellent backup plan. Here's why: 1. Value Matching: DSTs offer fractional ownership, making it easier to match the exact value of your exchanged property and defer 100% of your capital gains tax. 2.Diversification: Invest in a portfolio of high-quality properties, reducing risk and potentially increasing returns. 3.Professional Management: Enjoy passive real estate investment with properties managed by professional asset managers, freeing you from day-to-day responsibilities. 4. Quick Identification: DSTs are often pre-packaged and ready for investment, helping you meet your exchange deadlines without the stress of finding a property last minute. 5. Access to Premium Properties: Gain access to institutional-grade real estate that individual investors might not typically reach. Using a DST as a backup plan in your 1031 Exchange ensures you have a flexible, diversified, and professionally managed investment option ready to meet your needs. #Delaware #DST #1031Exchange

Exploring Variable vs Constant NAV Investment Options Understanding the differences between stable or constant net asset value (CNAV) and floating or variable net asset value (VNAV) funds, the benefits and challenges. In conjunction with our asset management team at State Street Global Advisors, CalTRUST has published a new white paper that outlines the differences between a stable nav (CNAV, constant $1.00) and a variable NAV (VNAV, the typical stock or bond mutual fund or exchange traded fund (ETF)). We describe why the NAV will remain constant or change and what some of the potential risks and benefits are to these types of funds. Net Asset Value (NAV) refers to the current price of a commingled product, such as the CalTRUST Short Term or Medium Term Fund.

Take a look at this in-depth paper on Net Asset Values that addresses the following questions:   Why does the price of a bond change? Why would the price of one bond rise or fall more than another bond? How do I measure risk? What other factors play a part in the price change of a bond? What about credit risk? What about the liquidity of a bond? ... plus, many more. 🐻 https://lnkd.in/gxPW6McH

🚨 Important Update: SEBI Strengthens Insider Trading Regulations for Mutual Funds In a significant move to enhance transparency and safeguard investor interests, SEBI has issued a new circular, effective from *November 1, 2024*, amending the Prohibition of Insider Trading (PIT) Regulations, 2015, to include *mutual fund units*. Here’s what you need to know: 🔍 Key Highlights: 1. *Disclosure of Holdings*:   - Asset Management Companies (AMCs) must disclose the holdings of *Designated Persons*, including trustees and their immediate relatives, on a *quarterly basis*.   - The first disclosure, covering holdings as of October 31, 2024, should be submitted to stock exchanges by *November 15, 2024*. Subsequent disclosures are to be made within *10 calendar days* from the end of each quarter.    2. Reporting of Transactions:   - Any transactions by Designated Persons exceeding a threshold of ₹15 lakhs (in one or multiple transactions) must be reported to the AMC’s Compliance Officer within two business days.   - These transactions, once reported, are to be disclosed on the stock exchanges following the prescribed format. 3. Violation Monitoring:   - SEBI has also streamlined the reporting format for violations related to the Code of Conduct under the PIT regulations, ensuring better compliance and oversight. Violations will be documented and, if needed, reported to the regulators, ensuring accountability. 4. Alignment with Master Circular:   - The circular harmonizes the existing Master Circular for Mutual Funds by amending Clause 6.6. Moving forward, AMCs, trustees, and their employees must strictly adhere to the updated PIT Regulations for all transactions involving mutual fund units.   - This ensures that the 30-day restriction on the purchase and sale of securities, which applies to other assets, will be monitored separately for mutual funds under these amended PIT guidelines. 📅 Effective Date: November 1, 2024 This move by SEBI is aimed at promoting *transparency*, enhancing investor confidence, and ensuring a more robust regulatory framework within the mutual fund industry. By mandating regular disclosures and strict monitoring, SEBI aims to deter any misuse of insider information, thereby protecting the interests of retail and institutional investors alike. #SEBI #MutualFunds #InsiderTrading #InvestorProtection #Regulations #Transparency