J.P. Morgan | Articles and White Papers

Date	Title	Topic
Mar 1, 2013	Creative Solutions to Cross-Border Pensions Challenges Governments and regulators around the world are preoccupied with major pensions issues – employee participation, security of assets and the adequacy of the savings pool. They are creating and implementing regulations that attempt to solve these challenges. Read more in the white paper.	Pensions
Feb 20, 2013	AIFMD and the Operational Implications for Depositaries in the Post-Madoff Era Regulation as a response to scandal Bernie Madoff appeared to be a very successful fund manager until December 2008, when his giant Ponzi scheme1 was uncovered. His fall led to many questions about the due care and diligence that fund managers were exercising on behalf of their investors. The combination of this scandal and the financial crisis has led to a raft of regulation globally.	Private Equity
Feb 20, 2013	Opportunities Presented by Change 2013 sees the private equity industry continuing to embrace significant change and having to reconsider how it can operate within a more regulated landscape. Kevin Luck, Executive Director and Head of Private Equity and Real Estate Sales, Investor Services at J.P. Morgan, explains how this presents opportunities for private equity firms to reassess their business models, create greater efficiencies and deliver results that benefit both private equity investors as well as the industry.	Private Equity
Jan 23, 2013	2012 Year in Review The 2012 Year in Review provides an overview of DR Trading and Liquidity Trends, DR Capital Raising Trends, and Investments in DRs. This year we have also included a regional focus that highlights themes and market trends in APAC, EMEA and LATAM. The report also provides a summary of J.P. Morgan’s leadership, events and initiatives throughout 2012.	Depositary Receipts
Jan 9, 2013	Chief Compliance Officer & Fund Treasurer Summit Report
Jan 3, 2013	Why outsource now? Increased regulation and market changes are causing private equity firms to evaluate the cost-benefit trade offs of outsourcing versus in-house administration.	Private Equity
Jan 1, 2013	Outlook 2013: Hybrid Fund Structures Stephanie Miller, J.P. Morgan’s global head of alternative investment services, predicts more fund managers adopting structures which have characteristics of both private equity and hedge funds in the year ahead. This article first appeared in PE Manager’s 2013 Outlook Special.	Private Equity
Nov 30, 2012	Focus on OTC Trading As the task of managing collateral becomes more complex, Marc Russell-Jones of J.P. Morgan examines the changing face of OTC trading.	OTC Trading
Nov 20, 2012	North American and European Investor Opinions of Latin American Companies The findings of our depositary bank’s second annual survey of North American and European institutions that invest in Latin America.	Depostiary Receipts
Nov 12, 2012	More than Restructuring	Transition Management
Nov 12, 2012	Complexities of Emerging Markets	Transition Management
Sep 1, 2012	Maximizing fund returns with tactical operating models Published in the September PERE Fund Administration & Technology Compendium, this article discusses tactical operating decisions that may be key in creating a positive differential in returns for fund investors at a time when the markets are yielding only modest improvement in real estate valuation. The article also addresses practical questions for investors to consider and best practices for achieving operational excellence.	PEFs
Sep 1, 2012	Actively Managed ETFs Featured in Money Management Executive, this article discusses the latest trends in the ETF industry and J.P. Morgan’s capabilities in this space.	ETFs
Jul 1, 2012	Investor Opinions of Chinese Companies The Depositary Receipts Group of J.P. Morgan is pleased to share with you the findings of our second annual survey of institutional investors. Within this report you will discover how foreign investors view Chinese companies today.	Depositary Receipts
Jun 14, 2012	Why is 2012 a big year for pension funds?	Pensions
Jun 1, 2012	Investor Opinions of Russian Companies J.P. Morgan’s Depositary Receipts Group surveyed 40 North American and European institutional investors to understand their disposition toward Russian companies.	Depositary Receipts
Jun 1, 2012	Focus on Fund Administration Georges B. Archibald explains how shifting market, regulatory and investor landscapes have led to a re-shaping of the administrator’s role in HFMWeek.	Hedge Funds
May 30, 2012	On Waterfalls Cesar Estrada of J.P. Morgan and Jonathan Karen of Simpson Thacher discuss best practices for the design and implementation of waterfall provisions within a fund agreement in Private Equity International.	Private Equity Funds
May 30, 2012	Strategic Thinking for Hong Kong IPOs	Depositary Receipts
May 30, 2012	DR Advisor Insights: ADR Liquidity There's more than meets the eye.	Depositary Receipts
May 16, 2012	Navigating the New Pensions Landscape	Pensions
May 15, 2012	DR Advisor Insights: The Emergence of the Local DR Issuers Diversify Capital Sourcing to Asia & Emerging Markets	Depositary Receipts
May 15, 2012	DR Advisor Insights: The Emergence of the Local DR Issuers Diversify Capital Sourcing to Asia & Emerging Markets	Depositary Receipts
May 1, 2012	Competition or Consolidation? The Outlook for Interoperability Among European CCPs In this white paper, J.P. Morgan focuses on interoperability - “an arrangement between two or more CCPs that involves a cross-system of transactions.”	CCP Interoperability
Apr 26, 2012	Securities lending’s promising future Resilience among Asia’s securities lending markets, growing demand for collateral, and regulators’ desire to improve financial market infrastructure are encouraging developments.	Securities Lending
Apr 16, 2012	Guide to Transition Managment	Transition Management
Apr 10, 2012	Defining Transparency Transition Management is a global and evolving business. Transparency means different things in different regions. In this article, Michael Gardner, head of Transition Management for Europe, Middle East and Africa, discusses the many definitions of transparency, not simply regarding TM fees, and what a client should expect from his/her provider.	Transition Management
Mar 8, 2012	Why Transition Management Is Not Lost in Translation Summary report of a roundtable held in November 2011 to discuss the topic of Asian transition management.	Transition Management
Feb 29, 2012	To Trade or Not to Trade Trading in a Volatile Market Irrespective of the benchmark used there is no question that the financial markets witnessed a period of extreme market turmoil and volatility during the summer of 2011. Learning from this experience, in this article we try to quantify the risk, the costs and the actions that transition managers and asset owners should consider in times of unpredictable market conditions. Our findings are based on performance analysis of static investment portfolios during three different market environments, and a comparison of the performance differential of daily returns on a close-to-close basis.	Transition Management
Jan 31, 2012	2011 Depositary Receipts Year in Review	Depositary Receipts
Jan 26, 2012	2011 Multinational Pensions Forum White Paper A cross-market dialogue on achieving global consistency, operational efficiency, and strong cross-plan governance.	Pensions
Dec 16, 2011	Depositary Receipts Year in Review 11-month	Depositary Receipts
Nov 30, 2011	Accessing the Brazil Market (Appeared in HFMWeek in November 2011) Brazil illustrates how, in the long run, a fully regulated environment can prove to be beneficial for the funds industry. This is especially true for hedge fund managers, for whom Brazil’s environment provides security, independence and a level playing field in which to operate.	Hedge Funds
Oct 26, 2011	Regional Focus: Brazil A look at the first successful securities lending transaction completed in the Brazilian market.	Securities Lending
Oct 1, 2011	Not for tourists: hedge funds in Asia A roundtable of leading industry professionals hosted by AsianInvestor discusses the challenges facing the hedge-fund business today.	Hedge Funds
Sep 21, 2011	North American and European Investor Opinions of Latin American Companies J.P. Morgan's Depositary Receipts Group is pleased to present the findings of an extensive survey commissioned to help clients understand the disposition of North American and European investors toward Latin American companies.	Depositary Receipts
Sep 20, 2011	DR Advisor Insights: Dark Pools and High Frequency Trading Come to the Fore Equities, including depositary receipts, increasingly trade off the NYSE and NASDAQ; understanding Dark Pools and HFTs and their implications for DR programs.	Depositary Receipts
Sep 1, 2011	Collateral Management for Securities Lending	Securities Lending
Sep 1, 2011	A Best Practice Approach for Designing a Securities Lending Program	Securities Lending
Sep 1, 2011	Transparency Defined and Delivered PERE magazine’s Guide to Private Equity Real Estate Fund Administration and Technology Supplement (September 2011) features an article written by Bonnie Novella, an Executive Director in the Private Equity & Real Estate Services group. The article explores why those general partners who embrace the true meaning of transparency may achieve the most successful funds.	Private Equity & Real Estate
Aug 12, 2011	The Changing Landscape OTC Derivatives Collateral Management for Institutional Investors J.P. Morgan hosted a Derivatives Collateral Management (DCM) Roundtable in late Spring in Amsterdam, to tackle concerns around the reform proposals and to provide an overview of the clearing requirement detailed in the European Market Infrastructure Regulation (EMIR).	Derivatives Collateral Management
Aug 1, 2011	Collateral – Key in Derivatives Shake Up The $600,000bn OTC derivatives market is about to undergo the most significant change in its history. Regulatory changes, which will have considerable legal, operational and commercial impact on dealers, users and processors of OTC derivatives, are set to be implemented over the next 12-18 months.	Securities Collateral Management
Jun 30, 2011	2011 Challenges and Priorities: German Market Survey Voting Results J.P. Morgan conducted its first annual German Market Survey earlier this year. The focus of the study was to understand challenges and priorities in the German pensions market and to assess alternative views on issues the industry practitioners are facing and their key priorities for this and the coming year.	Pensions
Jun 17, 2011	Gold as Collateral J.P. Morgan recently integrated its gold vaulting service in London with its tri-party collateral agency service, allowing clients to use gold as collateral in tri-party secured financing transaction. This gives clients a new way to utilize this highly-valued, but historically immobile, asset.	Collateral Management for Securities
Jun 1, 2011	Why Outsource Now Dodd-Frank is causing blue-chip private equity firms to re-think the hidden costs of in-house fund administration. As they do, many are coming to the conclusion that now is the right time to outsource. When considering outsourcing, this article discusses the criteria and questions to consider about people, technology and processes.	Private Equity Funds
Jun 1, 2011	Keeping up with Regulatory Reform – Derivatives Valuation and Financial Disclosure Today the financial services industry is faced with unprecedented focus on regulatory reform including a series of regulations designed to provide improved disclosure and transparency to shareholders, particularly with respect to derivatives. This article explores derivatives valuation standards and financial reporting disclosure, two areas where we expect significant impact for our fund services clients.	Derivatives
May 31, 2011	Hong Kong Depositary Receipts: The innovation Continues Hong Kong relishes the role of gateway to all things China including acting as the offshore renminbi centre and of late, making Hong Kong Depositary Receipts an attractive platform for issuers to gain access to the mainland’s burgeoning market as well as its potentially huge capital resources. The advent and outlook for this latest product offering for issuers was the subject of a roundtable forum, ‘Hong Kong Depositary Receipts – The Innovation Continues’ co-hosted by J.P. Morgan and The Asset on May 13 and attended by market intermediaries and service providers.	Depositary Receipts
May 26, 2011	Focus On Operational Risk In this article, Worldwide Securities Services Alternative Investments head strategist Georges Archibald and strategy manager Sanjay Pani explain how to manage your hedge fund business in an effective and compliant manner, focusing on the role of the fund administrator in mitigating operational risk.	Hedge Funds
May 9, 2011	U.S. Regulatory Developments and the Impact on the Investment Management Industry This white paper examines fundamental regulatory changes in the U.S. – those which have occurred over the last 18 months and which continue to evolve – and their impact on the investment management industry.	Investment Managers
May 1, 2011	Change - the only constant: Pension Funds and Charities Annual Summit Voting Results	Pensions
Apr 25, 2011	A Best Practice Oversight Approach for Securities Lending	Securities Lending
Apr 14, 2011	Lessons in lending Insights into the state of the securities lending market The J.P. Morgan and AsianInvestor Securities Lending Roundtable Report in which five securities lending specialists discuss the state of the market, covering issues such as collateral quality, reinvestment of cash collateral and lending program flexibility.	Securities Lending
Apr 9, 2011	Greater China Depositary Receipts Roundtable Turning the global crisis into opportunity Companies in Greater China on How They Managed the Global Financial Crisis	Depositary Receipts
Apr 1, 2011	The rise and rise of DR capital raising in Asia Keen on tapping the growing Asia investment pool, international issuers find Hong Kong	Depositary Receipts
Mar 31, 2011	2011 Challenges and Priorities: Pensions Trustee Training Survey Results This report is an assessment of feedback from J.P. Morgan's fourth U.K. Pension Funds Trustee Training day in London.	Pensions
Mar 11, 2011	Preserving Asset Value with Transition Management A look at how transition management is used by institutions to implement changes to investment allocations in a project-managed, risk-controlled way.	Transition Management
Mar 8, 2011	DR Abstract: Board Performance and Evaluation J.P. Morgan’s Depositary Receipts Group recently held a roundtable lunch discussing the critical issues involved in measuring and evaluating FTSE Board performance.	Depositary Receipts
Mar 1, 2011	DR Abstract: IR Best Practices for Crisis Situations J.P. Morgan’s Depositary Receipts Group recently hosted a conference call on investor relations best practices for crisis situations.	Depositary Receipts
Feb 28, 2011	Analyzing the Dutch Pension Fund Market From a Custodian's Perspective A review of trends and developments in the Dutch pension fund market, presented along with the potential effects on custody services.	Pensions
Jan 31, 2011	Summary of Continuing Obligation Requirements for issuers with GDRs listed on the London Stock Exchange This memorandum provides an overview of the GDR issuer’s principal continuing obligations following a GDR listing on the Official List of the Financial Services Authority (the “FSA”) and trading on the London Stock Exchange (“LSE”).	Depositary Receipts
Jan 31, 2011	The DR Proxy Process Best Practices, Regulatory Developments & Recent Trends in Corporate Governance	Depositary Receipts
Jan 24, 2011	UCITS V is coming soon with a focus on depositaries and renumeration As expected, the EU Commission has launched a consultation as a pre- cursor to Undertaking for Collective Investment in Transferable Securities (UCITS) V legislative proposals to be tabled in Spring 2011.	UCITS V
Jan 1, 2011	Depositary Receipts Year in Review 2010	Depositary Receipts
Dec 31, 2010	Fixed Income Transitions - Analysis of a Growing Market Read J.P. Morgan's white paper on how fixed income and equity transitions compare and the key points pension funds should consider.	Transition Management
Dec 31, 2010	Transition management as an essential part of restructuring investments	Transition Management
Dec 31, 2010	Global Solutions for Multinational Organizations	Pensions
Dec 10, 2010	DR Abstract: The Practical Application of Corporate Governance J.P. Morgan’s DR Group held a seminar in Moscow on ‘The Practical Application of Corporate Governance’.	Depositary Receipts
Dec 10, 2010	DR Abstract: Developing Public Company Infrastructure for IPO and Beyond J.P. Morgan’s DR Group held a seminar in St. Petersburg on the subject of‘Developing Public Company Infrastructure for IPO and Beyond.’	Depositary Receipts
Nov 30, 2010	Strategic Challenges and Opportunities for Corporate Sponsors A white paper developed out of J.P. Morgan's first forum for corporate sponsors of multinational pension funds entitled ‘Strategic Challenges and Opportunities for Corporate Sponsors’, held in October 2010.	Pensions
Oct 31, 2010	Managing the Changing Business Environment Investment and Risk Management Trends in the Dutch Pensions Market	Pensions
Oct 29, 2010	DR Abstract: Global Capital Flows in Asia J.P. Morgan’s DR Group recently held workshops in China, Indonesia, Malaysia and Taiwan on global capital flows.	Depositary Receipts
Oct 5, 2010	Making the switch Many clients are anxious about any potential risk surrounding moving providers but a considered approach can reap the benefits.	Securities Lending
Sep 30, 2010	The Evolution of Risk Strategies for Transition Management In this article, Michael Gardner, global head of Strategy and Implementation for Transition Management, discusses the role that risk management strategies have played in the business, and where new opportunities and innovations may lie in the future.	Transition Management
Sep 30, 2010	Guide to Transition Management Global Pensions's and J.P. Morgan's guide to transition management for pension funds.	Pensions
Sep 30, 2010	The Real Cost of Managing Your Real Estate Fund Launching a private equity real estate fund is not just about raising capital and buying properties. The transparent – and hidden – costs of maintaining a platform can also be large and complex.	Private Equity & Real Estate
Sep 9, 2010	DR Abstract: Crisis Communications In May 2010, J.P. Morgan hosted a Beijing workshop about crisis communications, as part of its continuing education program for depositary receipts clients.	Depositary Receipts
Sep 1, 2010	Federal Reserve Third-Party Securities Lending	Securities Lending
Jun 21, 2010	The Future of Asset Management Exploring New Frontiers	Investment Managers
May 31, 2010	Developments in Governance – A Year On Voting results from the Pension Funds and Charities Annual Summit.	Pensions
Sep 29, 2009	Securities Lending Outlook: Managing Value Generation and Risk How securities lending works, how it has been affected by the credit crisis and what specific actions are needed to restore the confidence of beneficial owners.	Securities Lending
Apr 1, 2009	Securities Lending in a Crisis Environment: Lessons Learned	Securities Lending
Dec 1, 2008	Securities Lending: Liquidity and Short Selling	Securities Lending

Mar 1, 2013

Creative Solutions to Cross-Border Pensions Challenges

Governments and regulators around the world are preoccupied with major pensions issues – employee participation, security of assets and the adequacy of the savings pool. They are creating and implementing regulations that attempt to solve these challenges. Read more in the white paper.

Pensions

Feb 20, 2013

AIFMD and the Operational Implications for Depositaries in the Post-Madoff Era

Regulation as a response to scandal Bernie Madoff appeared to be a very successful fund manager until December 2008, when his giant Ponzi scheme1 was uncovered. His fall led to many questions about the due care and diligence that fund managers were exercising on behalf of their investors. The combination of this scandal and the financial crisis has led to a raft of regulation globally.

Private Equity

Feb 20, 2013

Opportunities Presented by Change

2013 sees the private equity industry continuing to embrace significant change and having to reconsider how it can operate within a more regulated landscape. Kevin Luck, Executive Director and Head of Private Equity and Real Estate Sales, Investor Services at J.P. Morgan, explains how this presents opportunities for private equity firms to reassess their business models, create greater efficiencies and deliver results that benefit both private equity investors as well as the industry.

Private Equity

Jan 23, 2013

2012 Year in Review

The 2012 Year in Review provides an overview of DR Trading and Liquidity Trends, DR Capital Raising Trends, and Investments in DRs. This year we have also included a regional focus that highlights themes and market trends in APAC, EMEA and LATAM. The report also provides a summary of J.P. Morgan’s leadership, events and initiatives throughout 2012.

Depositary Receipts

Jan 9, 2013

Chief Compliance Officer & Fund Treasurer Summit Report

Jan 3, 2013

Why outsource now?

Increased regulation and market changes are causing private equity firms to evaluate the cost-benefit trade offs of outsourcing versus in-house administration.

Private Equity

Jan 1, 2013

Outlook 2013: Hybrid Fund Structures

Stephanie Miller, J.P. Morgan’s global head of alternative investment services, predicts more fund managers adopting structures which have characteristics of both private equity and hedge funds in the year ahead.
This article first appeared in PE Manager’s 2013 Outlook Special.

Private Equity

Nov 30, 2012

Focus on OTC Trading

As the task of managing collateral becomes more complex, Marc Russell-Jones of J.P. Morgan examines the changing face of OTC trading.

OTC Trading

Nov 20, 2012

North American and European Investor Opinions of Latin American Companies

The findings of our depositary bank’s second annual survey of North American and European institutions that invest in Latin America.

Depostiary Receipts

Nov 12, 2012

More than Restructuring

Transition Management

Nov 12, 2012

Complexities of Emerging Markets

Transition Management

Sep 1, 2012

Maximizing fund returns with tactical operating models

Published in the September PERE Fund Administration & Technology Compendium, this article discusses tactical operating decisions that may be key in creating a positive differential in returns for fund investors at a time when the markets are yielding only modest improvement in real estate valuation. The article also addresses practical questions for investors to consider and best practices for achieving operational excellence.

PEFs

Sep 1, 2012

Actively Managed ETFs

Featured in Money Management Executive, this article discusses the latest trends in the ETF industry and J.P. Morgan’s capabilities in this space.

ETFs

Jul 1, 2012

Investor Opinions of Chinese Companies

The Depositary Receipts Group of J.P. Morgan is pleased to share with you the findings of our second annual survey of institutional investors. Within this report you will discover how foreign investors view Chinese companies today.

Depositary Receipts

Jun 14, 2012

Why is 2012 a big year for pension funds?

Pensions

Jun 1, 2012

Investor Opinions of Russian Companies

J.P. Morgan’s Depositary Receipts Group surveyed 40 North American and European institutional investors to understand their disposition toward Russian companies.

Depositary Receipts

Jun 1, 2012

Focus on Fund Administration

Georges B. Archibald explains how shifting market, regulatory and investor landscapes have led to a re-shaping of the administrator’s role in HFMWeek.

Hedge Funds

May 30, 2012

On Waterfalls

Cesar Estrada of J.P. Morgan and Jonathan Karen of Simpson Thacher discuss best practices for the design and implementation of waterfall provisions within a fund agreement in Private Equity International.

Private Equity Funds

May 30, 2012

Strategic Thinking for Hong Kong IPOs

Depositary Receipts

May 30, 2012

DR Advisor Insights: ADR Liquidity

There's more than meets the eye.

Depositary Receipts

May 16, 2012

Navigating the New Pensions Landscape

Pensions

May 15, 2012

DR Advisor Insights: The Emergence of the Local DR

Issuers Diversify Capital Sourcing to Asia & Emerging Markets

Depositary Receipts

May 15, 2012

DR Advisor Insights: The Emergence of the Local DR

Issuers Diversify Capital Sourcing to Asia & Emerging Markets

Depositary Receipts

May 1, 2012

Competition or Consolidation? The Outlook for Interoperability Among European CCPs
In this white paper, J.P. Morgan focuses on interoperability - “an arrangement between two or more CCPs that involves a cross-system of transactions.”

CCP Interoperability

Apr 26, 2012

Securities lending’s promising future

Resilience among Asia’s securities lending markets, growing demand for collateral, and regulators’ desire to improve financial market infrastructure are encouraging developments.

Securities Lending

Apr 16, 2012

Guide to Transition Managment

Transition Management

Apr 10, 2012

Defining Transparency

Transition Management is a global and evolving business. Transparency means different things in different regions. In this article, Michael Gardner, head of Transition Management for Europe, Middle East and Africa, discusses the many definitions of transparency, not simply regarding TM fees, and what a client should expect from his/her provider.

Transition Management

Mar 8, 2012

Why Transition Management Is Not Lost in Translation

Summary report of a roundtable held in November 2011 to discuss the topic of Asian transition management.

Transition Management

Feb 29, 2012

To Trade or Not to Trade

Trading in a Volatile Market
Irrespective of the benchmark used there is no question that the financial markets witnessed a period of extreme market turmoil and volatility during the summer of 2011. Learning from this experience, in this article we try to quantify the risk, the costs and the actions that transition managers and asset owners should consider in times of unpredictable market conditions. Our findings are based on performance analysis of static investment portfolios during three different market environments, and a comparison of the performance differential of daily returns on a close-to-close basis.

Transition Management

Jan 31, 2012

2011 Depositary Receipts Year in Review

Depositary Receipts

Jan 26, 2012

2011 Multinational Pensions Forum White Paper

A cross-market dialogue on achieving global consistency, operational efficiency, and strong cross-plan governance.

Pensions

Dec 16, 2011

Depositary Receipts Year in Review 11-month

Depositary Receipts

Nov 30, 2011

Accessing the Brazil Market

(Appeared in HFMWeek in November 2011)

Brazil illustrates how, in the long run, a fully regulated environment can prove to be beneficial for the funds industry. This is especially true for hedge fund managers, for whom Brazil’s environment provides security, independence and a level playing field in which to operate.

Hedge Funds

Oct 26, 2011

Regional Focus: Brazil

A look at the first successful securities lending transaction completed in the Brazilian market.

Securities Lending

Oct 1, 2011

Not for tourists: hedge funds in Asia

A roundtable of leading industry professionals hosted by AsianInvestor discusses the challenges facing the hedge-fund business today.

Hedge Funds

Sep 21, 2011

North American and European Investor Opinions of Latin American Companies

J.P. Morgan's Depositary Receipts Group is pleased to present the findings of an extensive survey commissioned to help clients understand the disposition of North American and European investors toward Latin American companies.

Depositary Receipts

Sep 20, 2011

DR Advisor Insights: Dark Pools and High Frequency Trading Come to the Fore

Equities, including depositary receipts, increasingly trade off the NYSE and NASDAQ; understanding Dark Pools and HFTs and their implications for DR programs.

Depositary Receipts

Sep 1, 2011

Collateral Management for Securities Lending

Securities Lending

Sep 1, 2011

A Best Practice Approach for Designing a Securities Lending Program

Securities Lending

Sep 1, 2011

Transparency Defined and Delivered

PERE magazine’s Guide to Private Equity Real Estate Fund Administration and Technology Supplement (September 2011) features an article written by Bonnie Novella, an Executive Director in the Private Equity & Real Estate Services group. The article explores why those general partners who embrace the true meaning of transparency may achieve the most successful funds.

Private Equity & Real Estate

Aug 12, 2011

The Changing Landscape

OTC Derivatives Collateral Management for Institutional Investors
J.P. Morgan hosted a Derivatives Collateral Management (DCM) Roundtable in late Spring in Amsterdam, to tackle concerns around the reform proposals and to provide an overview of the clearing requirement detailed in the European Market Infrastructure Regulation (EMIR).

Derivatives Collateral Management

Aug 1, 2011

Collateral – Key in Derivatives Shake Up

The $600,000bn OTC derivatives market is about to undergo the most significant change in its history. Regulatory changes, which will have considerable legal, operational and commercial impact on dealers, users and processors of OTC derivatives, are set to be implemented over the next 12-18 months.

Securities Collateral Management

Jun 30, 2011

2011 Challenges and Priorities: German Market Survey Voting Results

J.P. Morgan conducted its first annual German Market Survey earlier this year. The focus of the study was to understand challenges and priorities in the German pensions market and to assess alternative views on issues the industry practitioners are facing and their key priorities for this and the coming year.

Pensions

Jun 17, 2011

Gold as Collateral

J.P. Morgan recently integrated its gold vaulting service in London with its tri-party collateral agency service, allowing clients to use gold as collateral in tri-party secured financing transaction. This gives clients a new way to utilize this highly-valued, but historically immobile, asset.

Collateral Management for Securities

Jun 1, 2011

Why Outsource Now

Dodd-Frank is causing blue-chip private equity firms to re-think the hidden costs of in-house fund administration. As they do, many are coming to the conclusion that now is the right time to outsource. When considering outsourcing, this article discusses the criteria and questions to consider about people, technology and processes.

Private Equity Funds

Jun 1, 2011

Keeping up with Regulatory Reform – Derivatives Valuation and Financial Disclosure

Today the financial services industry is faced with unprecedented focus on regulatory reform including a series of regulations designed to provide improved disclosure and transparency to shareholders, particularly with respect to derivatives. This article explores derivatives valuation standards and financial reporting disclosure, two areas where we expect significant impact for our fund services clients.

Derivatives

May 31, 2011

Hong Kong Depositary Receipts: The innovation Continues

Hong Kong relishes the role of gateway to all things China including acting as the offshore renminbi centre and of late, making Hong Kong Depositary Receipts an attractive platform for issuers to gain access to the mainland’s burgeoning market as well as its potentially huge capital resources. The advent and outlook for this latest product offering for issuers was the subject of a roundtable forum, ‘Hong Kong Depositary Receipts – The Innovation Continues’ co-hosted by J.P. Morgan and The Asset on May 13 and attended by market intermediaries and service providers.

Depositary Receipts

May 26, 2011

Focus On Operational Risk

In this article, Worldwide Securities Services Alternative Investments head strategist Georges Archibald and strategy manager Sanjay Pani explain how to manage your hedge fund business in an effective and compliant manner, focusing on the role of the fund administrator in mitigating operational risk.

Hedge Funds

May 9, 2011

U.S. Regulatory Developments and the Impact on the Investment Management Industry

This white paper examines fundamental regulatory changes in the U.S. – those which have occurred over the last 18 months and which continue to evolve – and their impact on the investment management industry.

Investment Managers

May 1, 2011

Change - the only constant: Pension Funds and Charities Annual Summit Voting Results

Pensions

Apr 25, 2011

A Best Practice Oversight Approach for Securities Lending

Securities Lending

Apr 14, 2011

Lessons in lending

Insights into the state of the securities lending market
The J.P. Morgan and AsianInvestor Securities Lending Roundtable Report in which five securities lending specialists discuss the state of the market, covering issues such as collateral quality, reinvestment of cash collateral and lending program flexibility.

Securities Lending

Apr 9, 2011

Greater China Depositary Receipts Roundtable

Turning the global crisis into opportunity
Companies in Greater China on How They Managed the Global Financial Crisis

Depositary Receipts

Apr 1, 2011

The rise and rise of DR capital raising in Asia

Keen on tapping the growing Asia investment pool, international issuers find Hong Kong

Depositary Receipts

Mar 31, 2011

2011 Challenges and Priorities: Pensions Trustee Training Survey Results

This report is an assessment of feedback from J.P. Morgan's fourth U.K. Pension Funds Trustee Training day in London.

Pensions

Mar 11, 2011

Preserving Asset Value with Transition Management

A look at how transition management is used by institutions to implement changes to investment allocations in a project-managed, risk-controlled way.

Transition Management

Mar 8, 2011

DR Abstract: Board Performance and Evaluation

J.P. Morgan’s Depositary Receipts Group recently held a roundtable lunch discussing the critical issues involved in measuring and evaluating FTSE Board performance.

Depositary Receipts

Mar 1, 2011

DR Abstract: IR Best Practices for Crisis Situations

J.P. Morgan’s Depositary Receipts Group recently hosted a conference call on investor relations best practices for crisis situations.

Depositary Receipts

Feb 28, 2011

Analyzing the Dutch Pension Fund Market From a Custodian's Perspective

A review of trends and developments in the Dutch pension fund market, presented along with the potential effects on custody services.

Pensions

Jan 31, 2011

Summary of Continuing Obligation Requirements for issuers with GDRs listed on the London Stock Exchange

This memorandum provides an overview of the GDR issuer’s principal continuing obligations following a GDR listing on the Official List of the Financial Services Authority (the “FSA”) and trading on the London Stock Exchange (“LSE”).

Depositary Receipts

Jan 31, 2011

The DR Proxy Process

Best Practices, Regulatory Developments & Recent Trends in Corporate Governance

Depositary Receipts

Jan 24, 2011

UCITS V is coming soon with a focus on depositaries and renumeration

As expected, the EU Commission has launched a consultation as a pre- cursor to Undertaking for Collective Investment in Transferable Securities (UCITS) V legislative proposals to be tabled in Spring 2011.

UCITS V

Jan 1, 2011

Depositary Receipts Year in Review 2010

Depositary Receipts

Dec 31, 2010

Fixed Income Transitions - Analysis of a Growing Market

Read J.P. Morgan's white paper on how fixed income and equity transitions compare and the key points pension funds should consider.

Transition Management

Dec 31, 2010

Transition management as an essential part of restructuring investments

Transition Management

Dec 31, 2010

Global Solutions for Multinational Organizations

Pensions

Dec 10, 2010

DR Abstract: The Practical Application of Corporate Governance

J.P. Morgan’s DR Group held a seminar in Moscow on ‘The Practical Application of Corporate Governance’.

Depositary Receipts

Dec 10, 2010

DR Abstract: Developing Public Company Infrastructure for IPO and Beyond

J.P. Morgan’s DR Group held a seminar in St. Petersburg on the subject of‘Developing Public Company Infrastructure for IPO and Beyond.’

Depositary Receipts

Nov 30, 2010

Strategic Challenges and Opportunities for Corporate Sponsors

A white paper developed out of J.P. Morgan's first forum for corporate sponsors of multinational pension funds entitled ‘Strategic Challenges and Opportunities for Corporate Sponsors’, held in October 2010.

Pensions

Oct 31, 2010

Managing the Changing Business Environment

Investment and Risk Management Trends in the Dutch Pensions Market

Pensions

Oct 29, 2010

DR Abstract: Global Capital Flows in Asia

J.P. Morgan’s DR Group recently held workshops in China, Indonesia, Malaysia and Taiwan on global capital flows.

Depositary Receipts

Oct 5, 2010

Making the switch

Many clients are anxious about any potential risk surrounding moving providers but a considered approach can reap the benefits.

Securities Lending

Sep 30, 2010

The Evolution of Risk Strategies for Transition Management

In this article, Michael Gardner, global head of Strategy and Implementation for Transition Management, discusses the role that risk management strategies have played in the business, and where new opportunities and innovations may lie in the future.

Transition Management

Sep 30, 2010

Guide to Transition Management

Global Pensions's and J.P. Morgan's guide to transition management for pension funds.

Pensions

Sep 30, 2010

The Real Cost of Managing Your Real Estate Fund

Launching a private equity real estate fund is not just about raising capital and buying properties. The transparent – and hidden – costs of maintaining a platform can also be large and complex.

Private Equity & Real Estate

Sep 9, 2010

DR Abstract: Crisis Communications

In May 2010, J.P. Morgan hosted a Beijing workshop about crisis communications, as part of its continuing education program for depositary receipts clients.

Depositary Receipts

Sep 1, 2010

Federal Reserve Third-Party Securities Lending

Securities Lending

Jun 21, 2010

The Future of Asset Management

Exploring New Frontiers

Investment Managers

May 31, 2010

Developments in Governance – A Year On

Voting results from the Pension Funds and Charities Annual Summit.

Pensions

Sep 29, 2009

Securities Lending Outlook: Managing Value Generation and Risk

How securities lending works, how it has been affected by the credit crisis and what specific actions are needed to restore the confidence of beneficial owners.

Securities Lending

Apr 1, 2009

Securities Lending in a Crisis Environment: Lessons Learned

Securities Lending

Dec 1, 2008

Securities Lending: Liquidity and Short Selling

Securities Lending