Authorised Corporate Director
For investment managers looking to manage client assets within authorised fund structures, there exists an alternative to establishing your own Unit Trust Manager or Authorised Corporate Director (Management Company) function and undertaking administration in-house or appointing a third party administrator.
Capita Financial Group offers an Authorised Corporate Director solution which enables investment managers to focus on fund distribution and investment activities. In this arrangement, Capita Financial Group is authorised by the Financial Services Authority to undertake the Management Company function on your behalf, delivering comprehensive administrative and investor servicing support to your funds.
Capita Financial Group is widely recognised as the UK’s pre-eminent provider of Authorised Corporate Director services*, having built significant market share leadership. We have achieved this through the delivery of highly flexible tailored solutions to a diverse range of over 100 investment management groups, encompassing asset managers, private wealth managers, private banks, investment banks, stock broking groups and financial intermediaries. From the smallest boutique to some of the largest global names in investment management, the Authorised Corporate Director model has proven to be an ideal solution.
The key benefits of our Authorised Corporate Director solution include:
- The reduction of capital adequacy requirements
- Cost effective and timely fund establishment, managed by a highly experienced team
- Extensive range of fund structures and product features supported
- High quality fund servicing from the UK’s market leader
- Provision of an all encompassing solution through our extensive third party relationships
- Ongoing compliance guidance
- The option to take over the Management Company function and retain the administration expertise provided by Capita Financial Group
* Interpretation of fund data sourced from the Investment Management Association, as at December 2008