{"id":7034,"date":"2008-01-23T00:00:00","date_gmt":"2008-01-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"new-valuation-standards-may-affect-transparency-and-fees","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2008\/new-valuation-standards-may-affect-transparency-and-fees.html","title":{"rendered":"New Valuation Standards May Affect Transparency and Fees"},"content":{"rendered":"<p><strong>The Financial Accounting                                Standards Board (&ldquo;FASB&rdquo;) recently reaffirmed that                                companies, including investment managers, would be                                required to implement Statement 157, <em>Fair                                Value Measurements<\/em> (&ldquo;FAS 157&rdquo;), with respect                                to the valuation of financial assets and                                liabilities in fiscal years beginning after                                November 15, 2007. Compliance with FAS 157 may                                result in lower asset valuations and, therefore,                                lower fees for investment managers who are                                compensated based on the value of the assets they                                manage.<\/strong><\/p>\n<p><strong>What is required by FAS                                157?<\/strong><\/p>\n<p>                               FAS 157 is                                intended to make fair value measurements more                                meaningful and more easily comparable by replacing                                the various definitions of fair value and                                dispersed guidance regarding their application                                with a single definition and set of guidelines, as                                well as by requiring additional disclosure. FAS                                157 does not expand the situations where fair                                value measurements are to be used, but instead                                changes the way fair value is determined in those                                cases where fair value measurements are already                                required. <a target=\"_blank\" href=\"http:\/\/e2ma.net\/go\/902285231\/788653\/28491157\/goto:http:\/\/www.pillsburylaw.com\/content\/portal\/publications\/2008\/1\/20081151033331\/Investment%20Funds%20Management%20Corp%20Sec%20Vol%200805%20No%208053%2001-22-08.pdf\"><strong>read                                more&#8230;<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Accounting Standards Board (&ldquo;FASB&rdquo;) recently reaffirmed that companies, including investment managers, would be required to implement Statement 157, Fair Value Measurements (&ldquo;FAS 157&rdquo;), with respect to the valuation of financial assets and liabilities in fiscal years beginning after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7034","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7034"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7034\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}