DUBLIN, LONDON and LUXEMBOURG, October 18, 2011 /PRNewswire/ --
- Expanded Company Secretarial Service for the Investment Fund Industry Complements Current KIID and FactSheet Offering
FundAssist has announced major wins of corporate secretarial mandates for ETF Securities, an international issuer of exchange-traded products (ETPs) and SEB Financial Services, a Swedish headquartered banking and insurance company.
FundAssist has been offering company secretarial services to a number of Irish and UK based clients for several years. However, with the increased focus on fund governance, the multi-jurisdictional nature of fund promotion and a real need for consistency in the market, FundAssist has launched an enhanced service across Europe.
Commenting, Andrew Johnston, Senior Manager, FundAssist said, "It is paramount for the investment management community to reassure their international base of investors that they are performing their duty of governance in a consistent and reliable manner. FundAssist can help in this assurance by alleviating some of the inconsistencies created across jurisdictions, by implementing a recognised corporate governance structure, which is transportable across Europe, whilst being compliant with local regulations.
"We have expanded our fund company secretarial service in response to market demand. International regulators have brought both fund and Management Company governance into greater focus forcing directors and fund promoters to re-examine existing procedures."
He added, "FundAssist's platform of modular services allows us to offer tailored solutions to clients, allowing them to select elements of the service to suit their requirements, whilst also allowing them to integrate additional services such as KIID preparation, management and distribution, Fund Reporting or FactSheet production in an efficient and cost effective manner."
FundAssist's expanded company secretarial service for the fund management industry brings together new and improved technology for collation and production of board materials, together with increased specialist and qualified company secretarial staffing, facilitates increased focus on this important area of fund governance.
FundAssist's client base includes more than 50 fund promoters and fund administrators globally with more than $200 billion invested. http://www.fundassist.com
About FundAssist
Serving financial institutions for over 20 years, with the last decade focussed on the investment fund industry, we provide a full suite of services designed to meet the governance, reporting and distribution requirements of the international funds industry.
Press queries:
Mary O'Brien
Simpson Financial & Technology PR,
T: +353-1-260-5300
mary@simpsonftpr.ie
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