What Is A Fund Administrator And How To Choose One?
As your business and its capabilities grow, it becomes even more vital to have someone handling your funds and other back-office functions. As you focus more on your core responsibilities, outsourcing to a fund administrator is the best call you can take. Best Fund Administrators WHO IS A FUND ADMINISTRATOR? In the language of a layman, a fund administrator is a third-party service provider who is outsourced to protect the interest of the investors by personally verifying their assets and their fund value. A fund manager is able to focus on his portfolio once the valuation of the assets and funds has been handed over to the fund administrator. WHAT IS THE ROLE OF A FUND ADMINISTRATOR? Some of the best fund administrators in India are known to be experienced in the world of mutual funds and are potential partners with whom long-term business relationships can be made. The day-to-day functions of a fund administrator are something like this: · Calculation of t