New, emerging, and mid-sized firms are continually challenged by operational efficiencies, regulatory demands, and the pressure to stay competitive. Ultimately responsible for monitoring regulatory changes, compliance and best practice, it is key that a fund COO has the necessary experience and expertise to support their fund and keep them up to date.
Finding the right COO to address these challenges both successfully and continuously is not easy and rarely cost effective. However, using a firm such as Fund HQ, with their team’s specialised industry knowledge can empower firms to drive forward strategic business growth while keeping costs lower.
The Regulatory Landscape
Regulatory frameworks are ultimately designed to protect investors and ensure market stability.
If your business is already regulated, you have responsibilities as individual managers. In addition, you also have ever increasing responsibilities on your fund reporting for transparency, safeguarding, accountability and oversight, and just to complicate matters further, these might be for different regulators and strategies marketed in different jurisdictions. Keeping on top of this is time consuming and complex. Outsourcing your finance and operations to an experienced team will enable you to tap into their knowledge and resources meaning that you are less likely to miss any new regulations or disclosures.
Fund HQ are constantly working within funds of all sizes and strategies with the aim of supporting either internal or external compliance officers to ensure governance, risk policies, and procedures are robust. Such outsourcing also ensures that there are no conflicts of interest occurring with your investors in areas such as risk parameters and corporate governance. Most importantly the distraction of this work is taken away so that the manager can concentrate on his number one skillset of managing the fund’s investments.
Service providers
Keeping abreast of the current service providers, how they are performing, and who is the best fit for your firm is easily possible using an outsourced CFO/COO. For example, the team at Fund HQ deal with many providers regularly and therefore know who is best value and who may not be up to scratch. Hoping you have picked the best one on your own will be hit and miss as decisions are more likely to have been made without knowledge of the full breadth of the market.
Why Fund HQ?
At Fund HQ, we have a team of experienced professionals who offer more than just operational support. We can provide a strategic advantage for firms looking to navigate and thrive in the complex regulatory environment, as well as advising on the most suitable jurisdiction for your fund and making sure the most beneficial service providers are chosen.
As an outsourced COO partner, we provide invaluable ongoing insights and guidance tailored to the unique challenges and opportunities within the asset management sector, leveraging what we learn by working with different funds with different strategies in different jurisdictions. In other words, we’ve seen it all before. Our team’s collective knowledge and expertise can support firms in achieving both their investment and business goals without operational distractions hindering performance.
