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Article: A New World of Hedge Fund Services.
- Article from:
- Securities Industry News
- Article date:
- June 28, 2004
CopyrightCOPYRIGHT 2004 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PFPC International's alliance with Beauchamp Financial Technology to white label the technology vendor's FundManager software package to its hedge fund clients worldwide underscores the growing debate within the hedge fund community of the merits of in-house vs. outsourced solutions and just how successful administrators will be in pushing the envelope.
Hedge fund administrators agree that striking net asset values and creating investor reports isn't enough. Like their custody brethren in the traditional funds arena, the "new model administrators," as they have coined themselves, are taking on roles historically handled by either fund managers themselves or their ...