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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 Variable Capital Company (VCC) is the latest and innovative fund management strategy which has brought Singapore to the forefront of global investment services. It has provided many opportunities for the VCC fund administrator to manage the fund and support the related activities. VCC is a legal framework provided for investment funds that need to be domiciled in Singapore. It intends to offer an alternative for the existing fund or collective investment schemes like partnerships, unit trust, cooperations, etc. Some of the notable key features of VCC includes:   VCC is set up as a single stand-alone fund or as a main VCC with multiple sub-funds.   VCC can be used as a traditional or alternate fund strategy in closed/open-ended forms.   In the tax aspect, it will still be considered a regular Singapore company. What has made Variable Capital Company so powerful?  Several reasons have made VCC the most powerful and stable fund strategy. It has been recognized as a well-run investmen

The complex concept of investment is understood easily only by an expert independent fund administrator. The external pressures and the complexity of significant intel operations have made it important to outsource fund administration services especially in the private equity, real estate and infrastructure sectors. This article will help you understand whether fund administration needs an Independent Fund Administrator , Alternative Investment Fund Administrator or is best when done on your own.  So, let’s take all the important points into consideration before reaching the final conclusion and see why managers are re-working on their operating models. The surge of Regulations and Subsequent Reporting The funds investment industry is surrounded by various complicated rules and regulations which keep on changing with time. These regulations are enacted by various firms together in agreement to certain Common Reporting Standards ("CRS") to promote transparency. However, it is

The Crypto Fund Administrator is an outsourced third party service provider that enables digital strength fund managers to concentrate on managing their portfolios by taking better care of all administrative tasks which are quite essential to run a fund. Basically, it protects the interest rate of stockholders by individually verifying the assets and valuation of the fund. By outsourcing the fund administration function, fund managers are allowed for self-determination in order to focus on portfolio management internally. Generally, fund administration has collectively two parts: fund accounting and the activities of registrar/transfer agent. A Fund Administrator’s Activities include, but are not inadequate with, net asset value (NAV) calculations, financial reporting, preparation of reports for stakeholders, accounting services, managing fund bank accounts, and compliance monitoring as well as reporting. However, Crypto Fund Administrators perform the same functions but for investmen

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

The Administrator provides many different services, although every administrator has not the same characteristics, there is much difference in between them. The difference may vary according to the resources, firm size, and many other factors. Normally the administrator gives you an estimated advantage over the large firms. Normally a good and well known Private Equity Administrator has SOC1 that is Audit Report generally known as System And Organization Control Report. This report shows the control of the Administrator over Service Organization. This report gives the assurance of the Administrator that they are following the proper procedure and the Administrator is having control in order to ensure that you are getting the best services. Mostly the Administrator should range the services and directions according to the business requirement. They give proper motivation to increase your skills and build a better portfolio that gives you the strength to reach your goals within a short

Generally, administrators established their organization for delivering top-notch quality services at an affordable rate. So, when we talk about Hedge Fund Administrators, it has the same function. Hedge fund administration implicates keeping the records of a fund's effects, calculating its net asset value per share, processing share applications and redemption, providing shareholder services, and financial reporting. The judgment of Hedge Fund Administrator on the basis of its NAV calculation, Shareholder administration, and corporate secretarial services. Additionally, Hedge Fund Administrator is free to use the imitative things, small positions that are small in size are made by the potential of a Hedge Fund Administrator use the support systems. There must be a record of incoming and outgoing cash with the account of the broker. So, here we can see some important roles and responsibilities of Hedge Fund Administrator. But, the responsibility of the administrator is not only l