Investor Inquiries
In the not too distant past, it was sufficient to differentiate one’s fund simply on the basis of strong performance. As performance results have recently compressed, investors are now requiring both strong performance metrics and the ability for fund managers to demonstrate a continuing, up-to-date understanding of each fund’s, and investor’s account performance. The ability to actively manage funds with a strong awareness of all fund and investment activities and statuses is vital to differentiating one’s fund and management from other funds.
With a double-entry, multi-currency general ledger at the core of the system, InvesTier posts and updates capital transactions in real-time and accrues expenses and fee calculations daily. For hedge funds, it can import daily updates of P&L and gain/loss daily from your portfolio accounting system; for funds of funds, valuations can be updated as frequently as desired.
Fund estimates and allocations to investors can be performed as frequently as desired – even daily. Account balances and performance can be calculated at any point during the month. With this flexibility, firms can respond to investor inquiries – accurately, immediately, and with confidence – on demand at any point during the month.
InvesTier:
- Provides the ability to immediately respond to mid-period inquiries
- Delivers on-demand performance, fund and investor balances, tax implications, liquidity and redemption restrictions
- Increases manager visibility over fund operations – instilling confidence from your investors and differentiating your fund and management from other funds