Investment Management

Law and Practice

Edited by Timothy Spangler

Covers the legal and regulatory position in the UK and US, the two leading international centers for investment management practice
Unique coverage of practical and legal issues specific to each client sector, such as mutual and authorized funds and occupational pension schemes
Handpicked team of practitioners from the UK and US and edited by a dual New York/English qualified lawyer
Includes coverage of mutual funds, close-ended listed funds, authorized funds, occupational and local government pension schemes, charities and endowment funds, sovereign wealth funds, private equity funds, hedge funds and with-profit funds

Investment Management

Law and Practice

Edited by Timothy Spangler

Description

Investment Management: Law and Practice provides an in-depth guide to the processes and legal and regulatory issues relating to investment management. Edited by Timothy Spangler, a New York qualified lawyer and English solicitor, this work provides a comparative consideration of UK and US practice.

The work adopts a three part structure. The first part examines the legal principles underlying investment management and the regulatory position in both the UK and the US. It provides lawyers with guidance on the tort aspects of practice in this area, looking at the common law relating to standard of care, contractual duty and fiduciary duty. The second part includes a detailed consideration of those aspects of particular relevance to investment management law, such as derivatives, soft commission and market abuse. The third part considers pertinent issues relevant to each client sector to provide a practical research tool for advising different categories of client.

This work will offer valuable information on the regulatory changes and market activity in this dynamic and increasingly specialist practice area.

Investment Management

Law and Practice

Edited by Timothy Spangler

I: Legal and Regulatory Framework
1. Introduction
2. The Legal Basis of Investment Management
3. Regulation of Investment Managers - United Kingdom
4. Regulation of Investment Managers - United States
5. Standard of Care
6. Contractual Duties
7. Fiduciary Duties
II: Key Topics
8. Advertising and Marketing
9. Proxy Voting
10. Best Execution
11. Soft Commission
12. Data Protection and Privacy
13. Market Abuse and Insider Dealing
14. Derivatives
15. Stakebuilding and Ownership Disclosure
16. Taxation
17. Outsourcing
18. Industry Best Practice and Guidelines
III: Clients
19. US Mutual Funds
20. UK and European Closed-Ended Listed Funds
21. UK Authorised Funds
22. Erisa Plans
23. Occupational Pension Schemes
24. Local Government Pension Schemes
25. UK Charities
26. High Net Worth Individuals
27. Sovereign Wealth Funds
28. Hedge Funds
29. US Charities and Endowments
30. With Profit-Funds

Investment Management

Law and Practice

Edited by Timothy Spangler

Author Information

Timothy Spangler is a partner and chair of the Investment Funds Group in Kaye Scholer LLP's London and New York offices, where he regularly advises sponsors on the formation, structuring and negotiation of a wide variety of investment vehicles.

Contributors:

Bruce Gripton, Eversheds LLP
Carolyn Jackson, Allen & Overy LLP
Christopher Hilditch, Schulte Roth & Zabel LLP
Christopher Whiteley, Ashurst LLP
Dale Gabbert, Reed Smith LLP
Daniel Lewin, Kaye Scholer LLP
David Bickley, Eversheds LLP
David Porteous, Levenfeld Pearlstein LLC
David Westmoreland, Eversheds LLP
Deborah Birnbach, Goodwin Proctor LLP
Dyke M. Arboneaux, Bryan Cave LLP
Eleazer Klein, Schulte Roth & Zabel LLP
Elizabeth Budd, Speechly Bircham LLP
Gordon Brough, Aberdeen Asset Management PLC
James Cripps, Slaughter and May
Jan Putnis, Slaughter and May
Jane Finlayson-Brown, Allen & Overy LLP
Janis Kerns, ACA Insight
Jay Baris, Kramer Levin LLP
Jeffrey London, Kaye Scholer LLP
John Hanratty, Pinsent Masons
John Loder, Ropes & Gray LLP
John Virgo, Guidhall Chambers
Jonathan Kropman, Berwin Leighton Paisner LLP
Judith Donnelly, Barrister
Julian Blake, Bates Wells & Braithwaite London LLP
Kenneth Mason, Kaye Scholer LLP
Lucy Wylde, Slaughter and May
Marc Elovitz, Schulte Roth & Zabel LLP
Marco E. Adelfio, Goodwin Procter LLP
Marilyn McKeever, Berwin Leighton Paisner LLP
Matthew Allen, Eversheds LLP
Melanie Wayne, Kaye Scholer LLP
Michaela Walker, Eversheds LLP
Michele McKinnon, McGuireWoods LLP
Monica Parry, Morgan Lewis & Bockius LLP
Nigel Farr, Herbert Smith LLP
Owen Watkins, Kaye Scholer LLP
Pamela Thompson, Eversheds LLP
Patrick Brandt, Dundas & Wilson LLP
Randall Stempler, Kaye Scholer LLP
Richard Stones, Lovells LLP
Simon Firth, Kaye Scholer LLP
Stella Cramer, Allen & Overy LLP
Timothy Spangler, Kaye Scholer LLP
Tom Harman, Morgan Lewis & Bockius LLP
Victoria Younghusband, SJ Berwin LLP
William Saunders, Stephenson Harwood
William Tanenbaum, Kaye Scholar LLP
Willys Schneider, Kaye Scholer LLP

Investment Management

Law and Practice

Edited by Timothy Spangler

Reviews and Awards

"An absolutely fabulous book. This is, without a doubt, the best work in this important area that I have ever read. Every practitioner should read it. It covers all of the most difficult areas of law and contract that a practitioner faces on a daily basis in a concise, complete and referenced form with a thoughtful analysis of the issues in the two most important jurisdictions. It imparts wisdom and pragmatic assistance. I will keep it as my favourite, handy reference" --Philip Harris of Skadden, Arps, Slate, Meagher & Flom LLP