The challenge of complexity:  Unit pricing, part 5

By Michelle Leung

Unit pricing presents high operational risk, especially when manual processes are involved. The increased complexity of fund-of-funds structures, cross-country assets, multiple valuation points, and increasingly exotic assets, coupled with stricter enforcement of global regulatory compliance, adds to these risks.

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The challenges of data normalization

By Giles Smart and Justin Meagher

Today’s financial managers operate in a strict regulatory landscape that can be overwhelming and challenging. Many are struggling to stay on top of the new financial rules (e.g. AIFMD, EMIR, MiFID II, Solvency II, FATCA, and Dodd-Frank) while still effectively servicing their clients.

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Sharia rules: Is purification necessary?

By: Hong Kok Cheong

When profits in an Islamic equity fund are earned through dividends, a corresponding proportion of interest earned by the company must be given in charity. This is known as purification.

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