Business Solutions
Assurance of consistency and compliance, management of company changes and other legal ad hoc tasks
ACCOUNTING SERVICES INCLUDE:
- Calculating daily, weekly, monthly or quarterly net asset values
- Independent valuation of portfolio ensuring accuracy and accountability
- Automatic calculation across all performance or fund structures
- Provision of Investment Managers’ reports including portfolio analysis and corporate governance
- Independent reconciliation and verification of portfolio to prime broker/custodian
- Maintenance of share register and all anti-money laundering information on investors
- Maintenance of books and records of the fund in accordance with the funds governing documents
- Monitoring and recording all corporate actions relating to the portfolio
- Reconciliation and record of all income and expense accruals attributable to the fund
FUND VALUATION SERVICES INCLUDE:
- Daily reconciliation of cash balances and positions with prime broker
- Automated upload of daily trading activity from the investment managers trading system or prime broker
- Independent pricing and fund valuation
- Processing of corporate actions and dividends
- Expense accrual management
- NAV production and distribution – monthly or estimated daily and/or estimated weekly basis
- Series accounting and equalization support.
- Cash management and reconciliation
- Calculation and timely payment of all management and performance fees in accordance with the key agreements.
- Preparation of interim and annual financial statements, including co-ordination of the annual audit.
- Web access for investment managers to obtain daily return information and other performance indicators
