Industry News
Centaur Outlines Five Trends That Will Drive The Fund Administration Industry in 2015
[vc_row][vc_column][vc_column_text] 6th January 2015 Centaur Fund Services outlines five trends that will shape the Fund Administration industry in 2015. They revolve around major market changes, regulation, innovation and due diligence. 1. Large Bank Administrators dropping mid-market Managers There is a growing trend for major banks to drop smaller hedge fund clients (AUM sub $500m), often…
Read MoreCentaur launches New York Headquarters, Headed by Industry Expert
[vc_row][vc_column][vc_column_text] 4th February 2015 Centaur Fund Services today announced it has expanded its global presence with the opening of a new office and US Headquarters in New York. The office has been established by recently appointed America Head of Business Development, Bryan McCooey, who has several years’ experience in the Fund Administration Industry. Centaur is…
Read MoreContract Terms From Administrators Are Under The Spotlight
9th December 2014 Centaur believes that the core function of a fund administrator is to partner with fund managers in providing investors with the security and transparency they need. Fundamental to this is Accountability. Recently, the industry has seen many Administrators move their contractual goal posts. This has created a tipping point for Fund Stakeholders…
Read MoreDemand Has Surged For Fund Administrators To Supply Data Required For ANNEX IV Reporting
[vc_row][vc_column][vc_column_text] 6th November 2014 Alternative Investment Fund Managers (AIFMs) are spending valuable time collating considerable amounts of data from multiple sources as they get their first Annex IV submissions ready on time. Fund Administrators are relieving this burden by delivering the data to managers consistently and accurately. AIFMs are in a race to meet the…
Read MoreRonan Daly discusses the changing landscape of fund board governance at GAIM Ops Ireland
[vc_row][vc_column][vc_column_text] 21st October 2014 Ronan Daly, Partner at Centaur Fund Services, led a panel at the prestigious GAIM Ops conference in Wicklow, Ireland on 10th Oct 2014, discussing developments in fund governance. The discussion focused on ‘Designing a Balanced and Equitable Board’. Ronan drew on his expertise gained over twenty years in the hedge fund…
Read MoreUK FATCA The regime that crept in under the radar
[vc_row][vc_column][vc_column_text] 9th September 2014 The introduction of the US Foreign Account Tax Compliance Act (“US FATCA”) in 2010 was extensively debated and commented on by industry participants up to its implementation on 1 July 2014. What wasn’t extensively reported was that the UK government introduced its own FATCA style regime on the same date. This…
Read MoreInvestigating the AIFMD’s External Valuer Role
[vc_row][vc_column][vc_column_text] 29th July 2014 The Alternative Investment Fund Managers Directive (“AIFMD”) came into full force on 22 July 2014. One of the many significant provisions contained within the AIFMD regulations is the requirement that the valuation function for funds must now either be performed by the investment manager itself or alternatively performed by an external…
Read MoreCayman Statement of Guidance on Corporate Governance
[vc_row][vc_column][vc_column_text] 26 Aug 2016 Following an extensive survey conducted in 2013 the Cayman Islands Monetary Authority (CIMA) issued its Statement of Guidance on Corporate Governance (SOG) with effect from 13 January 2014. The SOG sets out CIMA’s minimum expectations in relation to corporate governance standards and provides useful guidance for Cayman fund governing bodies and…
Read MoreCentaur launches the Centaur Client Club
[vc_row][vc_column][vc_column_text] 22 November 2012 We launched the Centaur Client Club in London in late November 2012. This is an informal discussion group for our clients where we get to chat through some of the key issues facing the industry with the help of leading industry experts. The Club also allows our clients to network with…
Read MoreHedge Fund Journal speaks with Centaur
[vc_row][vc_column][vc_column_text] Hedge Fund Journal speaks with Centaur Charlotte Kan, The Hedgefund Journal, April 2012 Hedge fund managers have three pet hates when it comes to administrators: inaccurate reporting, refusal to take accountability and an inability to deal with non-standard queries. These are among the most significant criticisms of administrators levelled by hedge funds in Centaur…
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