Results for tag: "Fund Administration"

Fund Administration is a service within the Capital Markets that provides operational support to investment funds. This includes services such as accounting, tax, compliance, and reporting. Fund Administrators are responsible for ensuring that the fund is compliant with all applicable regulations and that the fund’s financial statements are accurate and up-to-date. They also provide investors with timely and accurate information about the fund’s performance. Fund Administrators are typically independent third-party firms that are hired by the fund manager to provide these services. Some of the major players in the Fund Administration market include State Street Corporation, BNY Mellon, Northern Trust, JPMorgan Chase, and Citigroup. Other notable companies include Bank of America, UBS, Goldman Sachs, and Morgan Stanley. Show Less Read more