Ascent Fund Services | solution of finance

  DEFINITION OF A CORPORATE SERVICE PROVIDER A corporate service provider is someone who provides business support services to other companies. Many types of corporate service providers exist and their roles differ depending upon the services and specialties that they offer. Services like tax accounting, legal duties, etc are offered with the usage of technology, experiences and other tried and tested methods done with clients before.    corporate service providers BENEFITS OF WORKING WITH A CORPORATE SERVICE PROVIDER The following benefits can be assured when you engage with a corporate service provider: COMPLIANCE TO DEADLINE There are deadlines to every work that goes on in a company. Missing deadlines can incur a high penalty fee. Such unnecessary expenses can incur huge losses to companies. However, experts at Ascent can help you track and monitor deadlines regarding your clients and give you the needed peace of mind.    SAVE TIME At Ascent, we aim to simplify the corporate secre

Fund administrators play a vital role in protecting the interests of their investors by verifying the valuation of the fund and assets. The fund managers can realign their focus on portfolio management by outsourcing the fund administration function to third party Independent Global Fund Administrator . It consists of two parts fund accounting and registrar/transfer agent activities. The fund manager considers investor’s demand along with market opportunities in order to evolve their businesses. Hence, there is a strong need to find an independent fund administrator so that the fund managers can focus on more growth opportunities. Choosing the right fund administrator partner can help in saving cost, offer a seamless connection with outside parties and provide accurate & updated information. In contrast, a bad independent fund administrator can ruin your reputation and image. Wondering, how to choose/what to consider before choosing an independent global fund administrator? Here ar

Singapore serves as the investment gateway to Asia with 67% of the total AUM invested in the Asia Pacific. In association with the Accounting and Corporate Regulatory Authority (ACRA), The Monetary Authority of Singapore (MAS) launched the much-needed Variable Capital Companies (VCC) framework on 15 January 2020. Here in this blog, you will get to know all about VCC, Venture Capital Fund Administrator , and the need.  Let’s read further without any delay and understand its significance in the world of investment and fund administration. The need of Variable Capital Companies (VCC) The conventional structure of investment funds i.e., a corporate vehicle (Private Limited Company) or a partnership (Limited Partnership) scheme are less complex and easy to administer. But also has numerous limitations for running an asset management business in the long run. In these structures, the subscription and redemption of shares are complicated as the decision is completely dependent on the majority

These days, the Investment Managers opt for third-party services to get their Fund Net Asset Value (NAV) calculated. Authenticity of the evaluation is carried out by an in-house Shadow NAV Administrator whose duty involves reconciling the data against that of the broker or prime custodian. These fund administrators are well-versed in different ways to evaluate the NAV, however, before posting the official Net Asset Value, the final confirmation from Investment Manager is also needed. Well, all that’s great, but why is there a need to get the data reconciled by shadowing the fund administrator? This blog will clear all the doubts with some leading reasons that will make you hire the one. Introduction to Shadow Accounting The Shadow Accounting is a comprehensive methodology to maintain an additional set of financial records to compare it with the third-part fund administrator. Shadowing the fund administrator helps in providing precise and accurate data. Besides, shadow accounting facil

When it comes to savings and investment, it is very important to be well aware of the options as it involves money and trust, and investing money without proper research is like walking blindfolded in a room full of knives. We will be sharing the basics of Hedge Fund Administrator, VCC Fund Administrator, Corporate Solutions Provider, and Real Estate Investment Funds so that you make a well-informed decision. Basics of Hedge Fund Administrator A Hedge Fund Administrator is a service provider to the hedge fund and the main job of the administrator is to provide certain accounting and back office services to a hedge fund. The central service is the accounting of investor contributions and withdrawals. They also compute the profits and losses for the accounting period on a monthly or quarterly basis. The administrator may also provide other back end services such as handling the subscription documents and making sure checks are cashed or wires are appropriately taken care of. Some hedge

Basically, a fund administrator is greatly acknowledged as an outsourced third party service provider that safeguards the choices of the investors by making the confirmation of the assets separately and appropriate assessment of the fund. With the aid of outsourcing process of the Fund Administration function, fund administrators and managers are permitted the liberty to concentrate mainly on the portfolio management appropriately. The prime responsibility of Fund Solutions Provider or fund administrator is to calculate the fund net asset evaluation. Ascent Fund Services What Is the Actual denotation of Shadow NAV? The Shadow NAV is the actual NAV calculation finished with the objective of confirming the official NAV.  It could be done successfully by the help of the hedge fund manager or it might be outsourced to an expert service provider. In fact, the fund could employ a second Shadow NAV Administrator to calculate the actual value of the shadow NAV. Some invest