Quiet optimism for 2009 business prospects after massive market upheavals

Global Administration Round Table: Confronting a challenging environment

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SGGG Fexco confirms it experienced a net increase in 2008 over 2007 of around 25% and expects to see a similar net gain in 2009.

Gemini says it lost 17% of clients and gained 29% in 2008. “In 2009 we expect to bring on additional funds, both start-up funds and funds converted from an in-house system or another administrator. We expect our client base to grow by 25%,” Andrew Rogers forecasts.

AIS Fund Administration reports a gain of over 25% in 2008 but has no predictions for 2009.

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