Brown Brothers Harriman

Sean Tuffy looks at the current state of regulatory reform in the U.S. and Europe and discusses how simple regulatory solutions may turn out to be better than complex ones.

Marc Chandler and Alexandra Jostrom discuss the new rules of international engagement and how the term currency war was, arguably, a useful metaphor to illustrate tensions between countries, but that the term took on a life of its own on the international stage.

Money-market funds are important products in asset managers’ portfolios. They are an important source of liquidity for the economy and are essential for the efficient functioning of financial markets and the investment community. U.S. regulators are stressing a need for reform and have proposals in the making. What are these proposed reforms? How do they impact the money-market fund industry? Are there tax issues associated with these reforms? What’s next? Scott Huebl seeks answers to these critical questions.

The publication of GlobalView Issue 3 | 2012 coincides with the 2012 Sibos conference in Osaka. Many of our topics are of particular relevance to Asian markets, such as the rise of private banking, considerations for accessing and distributing funds, outsourcing, and a look at SWIFT and Sibos: 40 years of growth.

Our summer 2012 edition of GlobalView includes industry updates, a guest article on the effects of “Machine Readable News” on trading and investment portfolios; book reviews; a heads up of the upcoming In One Take webinar in October; and an article on BBH’s philanthropic program, BBHcares.

Regulatory Changes and Outsourcing are the themes of this issue of GlobalView, in which BBH’s subject matter experts present insightful articles on the regulatory nuances prevalent in the industry, along with solutions to help you navigate a challenging environment.

“The Next Frontier” is the theme of our latest Investor Services publication in which we are reporting on a variety of industry trends and topics for your reading pleasure. You can also hear a welcoming audio message from Susan Livingston, who is featured in our Partner’s Voice column.

In this issue, which coincides with the Sibos conference being held from September 19-23, 2011, in Toronto, we are taking a fresh look at not only the pursuit of business sustainability during these tumultuous financial market times, but also how global regulations can be more finely tuned to understanding the growth and impact of the Brazilian market for foreign investors.

Much like the tailoring of the tuxedo that appears on the cover of this edition of GlobalView, Brown Brothers Harriman (BBH) co-creates with you to deliver customized solutions for your needs. This issue includes discussions on Glocalization, our Global Service Model and insight into the most sweeping changes made to the taxation of U.S. mutual funds in the past 25 years.

In this issue we're thinking differently. We lay out answers to new ideas and directions that our clients need for growth. What is driving the volatility in capital markets? What are you doing to impact your foreign exchange processes? How does the changing regulatory landscape impact the European Union and affect Alternative Products? How does automating fund orders in Taiwan positively impact distribution efforts? What is the next frontier for Active ETFs?