Executive Insights

Sionline's Executive Insights provide timely and informative commentaries on topics critical to the fund business. Written by Strategic Insight's research team, they draw from our published reports, client work, and observations of recent trends and news in the industry.

Subscribers can select from the latest Insights below or from the list of all Executive Insights.


Distribution of Liquid Alternative Mutual Funds - Assessing Advisors' Growing Demand Across Channels      3/4/2014
  In this report, Strategic Insight analyzes the evolving demand for Alternative mutual funds across various intermediary-sold avenues. While interest in such funds continues to grow, the development and distribution of these non-traditional strategies necessitate careful planning. Nuances in demand across channels and individual distributors can offer insights and guidance around resource allocation for both established Alternative players and new entrants.
   
U.S. Intermediary-Sold Fund Distribution Review 2013      2/13/2014
  This ongoing report series from Strategic Insight provides highlights of mutual fund and ETF distribution trends by channel, based on the intermediary-sold fund distribution data transparency contained in Simfund Pro, 7.0. This data encompasses asset and net flow information (updated monthly) for roughly $7.5 trillion of open-end stock and bond mutual fund and ETF assets across nearly 800 distributors and nine distribution channels. More information on Simfund Pro, 7.0 can be found here.
   
Mutual Fund Innovation Watch: December 2013      12/11/2013
  This edition of InnovationWatch provides updated summary analysis of industry flow trends, examines the growing appeal of Non-traditional Bond funds, looks at trends in the Natural Resource / MLP and Alternative-US Multistrategy fund areas, and outlines the diverse investment approaches among fast growing managers overall.
   
U.S. Intermediary-Sold Fund Distribution Review Q3'2013      11/19/2013
  This ongoing quarterly report series from Strategic Insight provides highlights of mutual fund and ETF distribution trends by channel, based on the new intermediary-sold fund distribution data transparency contained in Simfund Pro, 7.0. This data encompasses asset and net flow information (updated monthly) for roughly $7 trillion of open-end stock and bond mutual fund and ETF assets across over 900 distributors and nine distribution channels. More information on Simfund Pro, 7.0 can be found here.
   
Mutual Funds and Systemic Risk: The Reassuring Lessons from Past Periods of High Financial Markets Volatility      11/13/2013
  The Office of Financial Research ("OFR") of the Department of U.S. Treasury, at the request of the Financial Stability Oversight Council, prepared a study entitled "Asset Management and Financial Stability" which was published in September. The report raised some concerns about systematic risk triggered by mutual fund redemptions, among other issues. The U.S.'s SEC, as well as the International Organization of Securities Commissions ("IOSCO"), has asked for input on the issues raised by the OFR report.
   
Looking Ahead: Lessons from Taxable Bond Funds' June Redemption Activity Across Distribution Channels      8/27/2013
  Rising interest rates and heightened fixed income market uncertainty in June triggered significant net redemptions from bond mutual funds during the month. The intensity of such outflows, however, differed across both strategy type as well as distribution channel. This report provides perspective on the characteristics of Taxable Bond fund net outflows across distribution channels during June.
   
U.S. Intermediary-Sold Fund Distribution Review Q2'2013      8/1/2013
  This ongoing quarterly report series from Strategic Insight provides highlights of mutual fund and ETF distribution trends by channel, based on the new intermediary-sold fund distribution data transparency contained in Simfund Pro, 7.0. This data encompasses asset and net flow information (updated monthly) for roughly $7 trillion of open-end stock and bond mutual fund and exchange-traded fund (ETF) assets across over 900 distributors and nine distribution channels.
   
Contractual Management Fee Breakpoint Schedule Comparison Fiscal Year 2012      7/3/2013
  The report provides contractual management fee breakpoint schedule summary statistics for actively managed open-end mutual funds aggregated into 53 Morningstar Categories. Contractual management fees combine the contractual advisory fee schedule and contractual administrator fee schedule. If a contractual administrator fee schedule is not disclosed, then the actual administrator fee as reported in the most recent audited annual report is substituted into the calculation.
   
Mutual Fund Industry Fee and Expense Benchmarks Fiscal Year 2012      7/3/2013
  This report provides fee and expense benchmarks for actively managed open-end mutual funds aggregated into 55 Morningstar Categories or Strategic Insight Objectives. The key fee and expense benchmarks presented:
  • Gross Management fee
  • Waiver/Reimbursement
  • Net Management fee
  • Transfer Agent expense (basis points and $ per account)
  • Custody/Bookkeeping expense
  • Audit expenses
  • Legal expenses
  • Operating expenses
  • Total expenses before 12b-1 Distribution fees
   
Money Management Financial Comparisons 2012      6/19/2013
  This annually published report provides a summary of the financial results of 20 money managers with publicly held equity. The companies included in our annual survey managed a total of $8.5 trillion at year-end 2012, up 10% from the end of 2011. Their aggregate revenues were $38.4 billion in 2012. Profits totaled $7.0 billion, nearly unchanged from 2011 and once again not far off the high of $7.1 billion reached in 2007.