Ascent Fund Services | solution of finance

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...

The fast-paced industry has made shadow accounting a not to ignore factor in running the hedge funds. Shadow accounting brings a lot of competitive benefits such as it enhances transparency, helps Shadow NAV Administrator catch errors apart from delivering excellent operational independence and security. However, the infrastructure cost and complexity involved in shadowing made only the best-resourced hedge funds to fully utilize shadow accounting. Nevertheless, that’s not true now. With the change in industry trends, the demands have entirely flipped to the next level. The technology advancements and enhancements in service delivery made shadowing within all the hedge funds’ reach. Whether you run a small hedge fund or a bigger one, shadow accounting is within your limits. Here are the reasons why shadowing is an essential factor in running the hedge fund. Four reasons that make shadow accounting a priority for hedge fund 1. The client expects the best services Every client wants hig...

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 in...

Take a tour to know why it is essential to keep a strong relationship with the investors and fund administrators. Also, here are 4 critical fund considerations are mentioned which require your special attention. But before moving further, first know what Fund administrator is. Fund administrators are those who provide personal oversight for asset managers. They are the guardians for investors and work as unsung heroes of the financial industry. Fund administrators handle the various financial tasks for developing effective personalized investment strategies so that asset managers act in the best interest. Tips to maintain investor relations   Due to the coronavirus outbreak, all the investor’s across the globe are doing their best for assessing human costs. It is important for the fund managers for maintaining a good relationship with the investors. Let’s have a glance at the advice which fund manager should follow for keeping the healthy relationship with th...

For a businessman especially related to the financial institute boosting his/her business is not easy because of tough competition in that particular domain. It requires lots of hard work, dedication, and full concentration to think the new & innovative ideas to elevate the business. But every kind of business has different kinds of responsibilities associated with it. There are various businessmen try to handle all these things on their own. Hence get the result that is not in their favor.  It is not easy to handle all because like this a person is not able to fully focus on their business and tangled in other tasks related to the business. Now people are smart enough and that’s why they choose the  Shadow NAV Administrator  and other administrators according to their requirements. It has proofed also that hiring the fund administrator for any business makes the fund managers more productive. The reason for it is simply because of businessmen or fund managers t...