Middle-office NAV Oversight: Independent Fee Calculation and Validation for Hedge and UCITS Funds

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 learn 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.