Funds Industry Report - Flipbook - Page 38
Colin McKeon Bridge Consulting
efciently. The appointed management com-
Look for an experienced team that under-
pany can also offer signicant guidance and
stands your business and your funds. Ensure
help with the challenge of compliance and
they have experience of working with invest-
governance that come with the operation of
ment management teams.
a fund structure. Review of various risks asso-
Understanding risk and testing your fund
ciated with your portfolios is another signi-
in various risk scenarios will bring signicant
cant independent check undertaken by the
benet to your fund and help to minimise
management company that is then reported
unnecessary risks and potential of downside
in detail to your board and presented on a
risk to your funds. A good risk team within a
quarterly basis. In summary, the following are
management company is important for your
the main points that you should consider
funds and your board and ultimately your
when appointing a third party management
unitholders or shareholders whose funds are
company:
being invested.
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