Due to international transparency and anti-money laundering initiatives, banks now embark on ever increasing due diligence processes…read more
Fund Administration Services
We provide fund administration services to all type of funds in a timely and cost-efficient manner.
The administrative duties include:
- Calculation of the Net Asset Value (NAV) including the calculation of the fund’s income and expense accruals.
- Subscription & Redemption requests.
- Corporate action support.
- Regulatory, Fund Manager and Investor reporting
- FATCA/CRS Compliance support
- Custodian / Depositary support and communication
- Maintenance of the fund’s financial books and records.
- Preparation of semi-annual and annual accounts (via our associates).
- Payment of the fund’s expenses.
- Reconciliation of daily and monthly Broker Statement.
- Follow up settlement of daily trades, assuring that the proper dividend and interest are received, updating price of securities of client