Institutional investors

Transition alternatives for funds of funds An innovative approach to an often costly problem August 2011 Steve Kirschner Director, Transition Management — Americas Brian Roberts Director, Financial Institutions Due to regulatory restrictions on transfers of securities between "affiliated persons" in fund of funds portfolios, restructurings are often riskier, because of time spent out of market, and more costly than are transitions in separate account structures. This paper discusses a way to manage fund of funds restructurings so that costs and risks may be minimized in ways more consistent with best practices in separate account transitions. Request this research A note about our research Our proprietary research is made available to our institutional clients, and many of these published papers are available to other institutional investors as well. If you are not a Russell client, but are an institutional investor, we welcome you to request this research piece. We only require your contact information on a short request form. For more information about our research, please contact David or Gerry:     West Coast David Rothenberg Managing Director 866-926-5934 East Coast Gerry Lillis Director 866-459-4128 Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company. Date of first use: September 2011 USI-10944			Printer friendly version of this page