Custody
As fund administrators slim down operations, questions are being raised over the long-term viability of the service in Cayman.
Hedge fund administrators have broadened the suite of services they offer and are intent on moving up the value chain.
The report addresses a number of issues. Regulation, valuation, complexity of structures and loss of assets under administration are all major concerns for the industry.
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
More Custody articles
Do you think niche/boutique fund administration will be able to survive?
What percentage of the funds you administer request daily reconciliation and/or NAV calculation? Are the majority of funds asking for this service?
What are the main challenges fund administrators face in verifying valuations to calculate NAV? How are administrators valuing illiquid or hard-to-value instruments and what are the problems they face?
What are the specific challenges for fund administrators dealing with Ucits III hedge funds and funds of hedge funds?
How will the increasing pressure to have independent validation of pricing impact fund administrators?
What percentage of hedge fund/fund of hedge fund clients have you lost/gained in 2009? What are your forecasts for 2010?
Technology can provide a competitive advantage in banking. How it is applied by Tier 1 and Tier 2 institutions, to the benefit for their risk management systems, is discussed.
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