Posts Tagged ‘Administrator’
AIFMD: As the Dust Settles, What is the True Impact of AIFMD?
[vc_row][vc_column][vc_column_text] The Alternative Investment Fund Managers Directive (“AIFMD”) came into effect in July 2014 and has brought major changes for the regulation and distribution of funds in Europe. Centaur looks at some predictions from July 2014 and sees how many of them have turned out to be valid. We analyse the biggest hurdles that managers…Read More
Centaur Named Best Overall Administrator for Fifth Consecutive Year
21 Apr 2015 For the fifth consecutive year, Centaur Fund Services has been recognised as Best Overall Administrator under $30bn at the HFM European Hedge Fund Services Awards. Centaur scooped the award in recognition of its exceptional client service and innovative product development over the past 12 months. Collecting the award, Ronan Daly, Founding Partner…Read More
Contract 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 More
Centaur Increases Market Share with New US Client
15th July 2014 Centaur Fund Services, a leading independent fund administrator, today announced the successful expansion of its service into the United States. This announcement comes on the back of new US client wins over the last two quarters. “The decision for Centaur Fund Services to focus on the United States has largely been driven…Read More
Centaur Receives 9th Award in 3 Years
‘Best Administrator – Under $30bn Single Manager’ and Highly Commended in the ‘Best Administrator – Under $30bn Overall’ category 2nd May 2013 Centaur Fund Services is pleased to announce they have won their 9th Award in 3 years in recognition of their outstanding client service and client satisfaction. At the Hedge Fund Manager Service Provider…Read More
NED speaks with Ronan Daly
“Is there a conflict of interest in a fund director also acting as senior representative of the administrator? Of course there is” Up until ten years ago most administrators provided directors to their fund clients. It was seen as a core part of an administrator’s offering and was often demanded by clients. But high…Read More
Can Your Administrator Damage Your Fund’s Relationship With Investors?
[vc_row][vc_column][vc_column_text] Although a lot of the emphasis in administration circles is put on NAV reporting and valuation, another key aspect of administration servicing is that of investor services. In my experience though, investor services for many administrators is an afterthought rather than a core service that adds value to funds and investors. The fundamental reason…Read More
Do ‘Start Up’ Funds Really Understand Investors?
[vc_row][vc_column][vc_column_text] I am spending a lot of time in London at the moment talking to fund managers, investors and various fund counterparties. It seems clear from talking to investors that their big concerns over administration focus on two main issues: Do the assets actually exist? i.e. is the administrator independently reconciling the fund’s accounts and…Read More
Hedge Fund Managers Accuse Administrators Of Washing Their Hands Over Asset Valuations
[vc_row][vc_column][vc_column_text] This summer we commissioned a survey to find out what hedge fund managers thought about their fund administration. The results revealed that an alarming number of the hedge fund managers surveyed, are unhappy with the position many administrators are now taking over the valuation of fund assets. In survey results released this week, the…Read More