Press Release

ALM’s Law Journal Press Publishes New Guide on Collective and Common Trust Funds

ALM’s Law Journal Press Publishes New Guide on Collective and Common Trust Funds

NEW YORK ­ April 15, 2015 ­ ALM’s Law Journal Press, a leading publisher of print and digital publications for legal and business professionals, today released Collective Trusts and Other Commingled Funds: Law and Regulation, a comprehensive guide to collective and common trust funds, their structure and operations, and the extensive regulatory framework governing them.

In a recent revenue ruling, the IRS has confirmed that group trusts qualified under Revenue Ruling 81-100 may accept investments from retirement plans qualified under Puerto Rico law and covering only Puerto Rico residents. In addition, Revenue Ruling 2014-24 confirms that group trusts may also accept investments from insurance company separate accounts.

Collective trusts funds and other commingled funds make up a major―and rapidly growing―segment of the asset management and pension fields. However, to date, little guidance has been available to practitioners for the day-to-day issues and problems they may confront in dealing with these investment vehicles. This new guide addresses this need by providing practical guidance for lawyers, compliance personnel, sales executives, regulators and any other professionals working with collective and common trust funds.

The authors of Collective Trusts and Other Commingled Funds: Law and Regulation are Thomas P. Lemke, an asset management executive with more than thirty years’ experience, and Gerald T. Lins, General Counsel of Voya Investment Management (formerly ING U.S. Investment Management).

In addition to providing a comprehensive explanation of collective and common trust funds, the analysis provides extensive primary source materials as appendices.

Specific topics covered include:

·       Structure and Operations of Commingled Funds

·       Advantages and Disadvantages

·       Key Documents

·       Portfolio Management and Trading

·       Sales and Distribution Activities

·       Banking, Securities and ERISA Regulation

·       Key Accounting and Tax Issues

·       Latest Trends and Developments

A detailed table of contents, as well as ordering information for this and other Law Journal Press publications, are available

Law Journal Press, a division of ALM, publishes more than 150 books ­ in print, online and mobile formats ­ on a broad range of legal and business topics. Written by leading lawyers and experts and updated regularly, Law Journal Press editions offer definitive and timely information, insightful analysis and practitioner-oriented guidance for the legal profession.

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