Variety of criteria used to vet funds

Global Administration Round Table: Confronting a challenging environment

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Fund administrators have preferences for the type of fund they service.

At Fortis, Charlie Woolnough says the company is looking to build partnerships with professional, ambitious and successful managers. “Our systems and operating model are such that we have no strong preference for styles or strategies as we are competently able to deal with them all,” he says. Complexity comes with additional cost he notes. “When you look at how the different fund strategies performed over 2008, it is apparen

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