StatPro isn’t a faceless company, far from it in fact. We are a collection of great minds with original ideas, and our blog is a place that we can share them with you.
We blog about relevant and current topics, and always with our own opinions, meaning that what you read in our blogs, you won’t find any where else. Your comments and opinions are also very welcome, so join in the conversation.
If you are responsible for portfolio oversight, whether you are an ACD or Board Director, it is absolutely critical to understand how the fund is structured, how the fund is performing, what the fund manager is doing, and to monitor the fund continually. The Board of Directors or the ACD has the regulatory responsibility for the fund. At the end of the day it is about investor protection, so the ACD has to understand, in full, what is going on within the fund.
The simplest ideas are the ones that inspire change the most. StatPro Revolution is based on a simple idea: why not let everyone have access to their own portfolio and let them look at whatever analysis they want, when they want? Why should we have to wait for someone else to send us a report? Who says that the report tells us something that we are interested in or is even up to date? Of course, because in the past, this nice idea was impossible, we put up with waiting, but now it is possible, well what are we waiting for?
Recent high profile cases in the press are highlighting the lack of oversight of funds within the investment community. Today there is an increased demand for transparency from regulators and clients. Demands for the net asset value (NAV) of a fund to be instantly made available or for stress tests to be run are ever more prevalent, so in 2013, it is imperative that effective oversight can be demonstrated.
The ever-increasing importance of portfolio oversight and more flexible reporting in the asset management field cannot be overstated, says David Adams in this Bobsguide feature looking at the regulatory and market drivers for increased oversight and the need for technology assistance.
The Financial Services Authority (FSA), specifically in the UK, although there are similar bodies in North America, Europe and Asia, have recently recognized that the relationship between those parties responsible for the oversight of a fund and the fund manager is a lot more complex than first anticipated.