Investing Through the Emotional Ups and Downs

Content provided by Scott Kubie, CFA, CLS Chief Strategist More than any other season, fall brings greater emotional volatility. I’m not talking about the markets (yet). I’m talking about sports. The four most important sports to me are tennis (my son’s high school team), Nebraska football, Nebraska women’s volleyball, and baseball (Minnesota Twins). All have...

Gemini Fund Services changes systems, expands outlook heading into 2016

Gemini Fund Services is making a big shift in how it manages its fund administration platform. Kevin Wolf, President at Gemini, announced that the firm would be changing from State Street’s fund accounting product PAM to SunGard’s InvestOne, during the NorthStar Summit held this week in Nashville, Tennessee.

This is the third NorthStar Summit to combine representatives from all three NorthStar companies – Gemini Fund Services, Orion, and CLS Investments. NorthStar recently saw a significant investment from private equity firm TA Associates, and the effort to scale up all three companies was evident throughout the summit.

Gemini for its part plans to move some 200 of its fund clients over to InvestOne by the end of the year. Wolf said in his remarks that the move will allow Gemini to do more than simply provide a NAV, and is part of the firm’s plan to respond to more frequent reporting requirements from the SEC. Once on InvestOne, funds will be able to make use of SunGard’s StatPro portfolio reporting tool, which was also demonstrated at the event.

Gemini has also launched an internal sales desk to help its funds manage distribution and marketing.

“What we’re really trying to do is fill gaps in the market,” explains David Young, President of Gemini Hedge Fund Services and Gemini Alternative Funds, in an interview with Opalesque at th………………….

Story courtesy of Opalesque.

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My Favorite Investing Books and Financial Writers

Content provided by Rusty Vanneman, CFA, CLS Chief Investment Officer Over the years, many people (especially those new to investing) have asked me to recommend the best financial books to read. Granted, the question has changed in recent years to also include blogs or websites, but the question is still essentially the same. Given my...

Gemini Companies Bring Fundsters to Music City

Fundsters are converging on Music City next week, and they won’t be the only financial services folk there.

On Monday the Gemini Companies will kick off their Advisor Forum 2015. The mutual fund back-office and distribution specialist’s event is part of the NorthStar Summit held by its parent company, Omaha, Nebraska-based NorthStar Financial Group, at the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee. Two of Gemini’s sister companies, Orion Advisor Services and ETF strategist CLS Investments will also be part of the overall summit.

This will be the third NorthStar summit, and the first since private equity giant TA Associates bought a stake in NorthStar earlier this year. NorthStar expects 425 attendees, including more than 200 investment advisors. More than 100 of those advisors offer their own mutual funds or hedge funds.

The three-day conference will feature a keynote speech from Shark Tank star Daymond John as well as the “Song Sessions” event. Offsite activities will include: clay pigeon shooting, backstage tours of Ryman Auditorium and the Grand Ole Opry, and visiting the home of Andrew Jackson. The agenda kicks off Monday afternoon and concludes with boxed lunches on Wednesday.

The summit’s sponsors include: Advisors Preferred, Advisory World, Alston & Bird, ArrowShares, bbd, Broadridge, Celera, Cohen Fund Audit Services, eMoney, Envision Financial Systems, GraydonHead, inContact, iShares, JCPR, Junxure, KCG, KTrade, McGladrey, Nationwide, PCS, PowerShares, Quantum, Spectra Professional Services, Starkweather & Shepley, StatPro, SIG, Tait|Weller, TD Ameritrade Institutional, Thompson Hine, Union Bank, and WallaceBeth.

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Happy Family

The hard work and sacrifice of building a better future Content provided by Robyn Murray, Freelance Writer I met Jackson Lee at a hole-in-the-wall Chinese restaurant tucked between two African-themed grocery stores in a West Omaha strip mall.  A white marquee with bold, red letters read: HAPPY FAMILY CHINESE RESTAURANT. Inside, Kwan Lee, Jackson’s father,...

Cycling the Bridge of Retirement

Content provided by Kostya Etus, CLS Associate Portfolio Manager I recently took a trip to the beautiful city of San Francisco. Relative to Omaha, it is quite large and definitely has no shortage of fun things to do and see. Some of the highlights from my trip were riding the trolley, eating great seafood, and...

There May Be Bears In The Woods…

Content provided by J.J. Schenkelberg, CFA, CLS Senior Portfolio Manager My family and I recently returned from vacation in Yellowstone National Park. An amazing place if you’ve never been. We hiked many beautiful trails – one (pictured below) took us across the plains and around a bend where we entered a deep valley carved by...

GREK: A Case Study for Price Discovery in ETFs

Content provided by Josh Jenkins, CFA, CLS Associate Portfolio Manager I frequently see commentary in the financial media warning about exchange-traded fund (ETF) liquidity. One major fear is if an ETF’s underlying securities stopped trading, the ETF could cease to function correctly. The risk, some argue, is large premiums or discounts could arise, which would...