Details

Autor(en) / Beteiligte

• Kraft, Paul

Titel

How Far We've Come In Fair Valuation

Ist Teil von

• Money Management Executive, 2012, Vol.20 (39), p.13

Ort / Verlag

New York: SourceMedia, Inc

Erscheinungsjahr

2012

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• A little more than a decade ago, Deloitte put together its first fair valuation survey. It's goal was to help mutual funds benchmark their valuation policies and procedures against others in the industry, as well as to highlight the different approaches. This year's participation has grown to more than 80 mutual fund firms, representing more than $5 trillion in assets under management. Over the past 10 years, vendor interactions have moved from direct valuation inputs to an evaluation of a vendor's suggested pricing indication. At the same time, mutual fund firms have built up their related control processes and procedures. Today, firms are more likely than at the survey's inception to make adjustments or issue challenges to third-party valuations, as well as to conduct site visits of pricing vendors.