Funds administration overview

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Our Fund Administration lesson provides a definition of Funds Administration and the Funds Industry. It details the services that the Fund Administrator provides and also their role in the running of the fund.

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Funds administration overview

  1. 1. Funds Administration Overview by fundsacademy.com
  2. 2. What is Fund Administration?• Set of services provided in support of a collective investment scheme (fund)• Services outsourced to specialist 3rd party companies (fund administrator)• Entities serviced include hedge funds, mutual funds, fund of funds, pension funds or similar structures
  3. 3. Fund Fund FundManager Administrator
  4. 4. Who are Fund Administrators?• 3rd party companies providing support services to funds
  5. 5. What services are provided?• Calculation of the Net Asset Value (NAV)• Preparation of semi-annual and annual accounts• Financial reporting• Maintenance of the funds financial books and records• Reconciliation of daily and monthly broker statements• Payment of the funds expenses
  6. 6. more services provided...• Pricing the portfolio of the fund• Calculation and payment of dividends and distributions• Provision of compliance and anti-money laundering reporting and monitoring• Supervision of the orderly liquidation of the fund
  7. 7. Where does the Fund Administrator fit in? • Fund Manager Front Office • Investment decisions • Broker Middle • Trade Office settlement • Fund Back Office Administrator • NAV Calculation
  8. 8. Now take a read of below article before finally taking the quiz!Visit www.fundsacademy.com for free lessons Find us on twitter @fundsacademy

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