30 May 2018
The ever-changing regulatory landscape, increasing investor demands and rapidly evolving use of technology are driving a trend towards the outsourcing of fund administration requirements.
Traditionally, many fund managers performed the administration of private equity and real estate funds in-house. However, as the reporting demands of both investors and regulators grow, so too does the need for specialist knowledge, processes and technology, which independent third party administrators are well placed to provide.
By outsourcing, fund managers are able to concentrate on their core competencies of investment analysis and selection, and generating returns for their investors. In addition, they can take advantage of the third party administrator’s expertise and economies of scale, gaining access to the latest fund analysis and reporting technology at a lower cost than if they were to implement it themselves.
In his latest article on the Moore Management blog, senior manager Joel Speight takes a closer look at the key reasons why fund managers are choosing to outsource as well as the different operational models available to ensure that, once a decision to outsource has been made, fund managers are able to retain the level of control they desire over the flow of information to their investors.
Moore Management is a First Names Group company.
This article has been issued by First Names Management Limited on behalf of certain companies that form part of First Names Group. The article has been prepared for general circulation to clients and intermediaries, and does not have regard to the particular circumstances or needs of any specific person who may read it. Nothing in this article constitutes legal, accounting, tax or investment advice.
The information contained in this article has been compiled by First Names Management Limited and/or its affiliates from sources believed to be reliable, but no representation or warranty, express or implied is made to its accuracy, completeness or correctness. All opinions and estimates contained in this report are judgements as of the date of publication, and are provided in good faith but without legal responsibility.
