Boston-based Barrington Partners has published a study of best practices in market timing and fair value pricing. The IT research consultancy says the review aims to provide an overview of the major issues and legislative environment surrounding market timing and fair value pricing.
“It reflects the perspectives of industry practitioners gathered through interviews with leading fund companies, the NSCC, pricing vendors, third party providers of transfer agency and fund accounting systems and services, and the legal community,” says a spokesman for Barrington. “The findings are summarized to provide a unique and practical perspective on the market timing issue.”
Organizations interviewed include Armada Funds; Drinker, Biddle & Reath; Goodwin Proctor & Hoar; Grantham Mayo Van Otterloo; Hancock Funds; Heritage Funds (owned by Raymond James Financial); ICON Funds; Jefferson Pilot Financial; JP Morgan Chase; Legg Mason Funds; Manu Life; Northern Funds; UMB; Ultimus Fund Solutions; PFPC; and State Street.