22 Feb 2011
KAS BANK has launched a Fund Desk aimed at start-up investment funds in the Netherlands. The KAS BANK Fund Desk will advise and assist fund managers in the design and formation of the fund. This allows the fund manager to fully focus on achieving optimal returns for investors.
Setting-up and structuring a new investment fund, however, is a complex process; not only with respect to the investments themselves, but also regarding the issues behind the investment process. Administrative tasks, compliance and regulation and supervisory reporting may not fall within the primary focus of a fund manager, but they are essential nonetheless. In the past, fund managers often arranged the start-up process themselves, but KAS BANK has observed a clear trend towards the outsourcing of these processes due to the increased complexity and cost.
“The fund market is currently in a state of flux,” says Sikko van Katwijk, Chief Commercial Officer, KAS BANK. “The institutional market is becoming increasingly focused on investment funds and alternative investments, and several legal and regulatory changes lie ahead, such as the implementation of UCITS IV and AIFMD. Against this backdrop, a growing number of fund managers are seizing the opportunity to set up their own investment funds with newly raised capital."
Setting-up and structuring a new investment fund, however, is a complex process; not only with respect to the investments themselves, but also regarding the issues behind the investment process. Administrative tasks, compliance and regulation and supervisory reporting may not fall within the primary focus of a fund manager, but they are essential nonetheless. In the past, fund managers often arranged the start-up process themselves, but KAS BANK has observed a clear trend towards the outsourcing of these processes due to the increased complexity and cost.
