Fund managers face increasing challenges for managing an efficient operating model and capturing accurate and timely Net Asset Value (NAV) calculations. Investors expect fund managers to maintain a proper oversight function for all outsourced services, including calculation of NAV. Management and performance fees are a critical component of a hedge and UCITS fund’s NAV calculation. Fund managers can fully replicate the administrator’s accounting book of records and verify all aspects of the official NAV. However, as a more cost-effective oversight function, fund managers can undertake the estimation and validation of management and performance fees.Download this whitepaper to find out why fund managers require a systematic, purpose-built solution for the independent calculation, reconciliation and verification of performance fee structures to demonstrate operational integrity and sustain investor confidence.
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