Tue, Sep 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

A holistic offering from administrators IDS

Wednesday, March 16, 2011

By Beverly Chandler, Opalesque London:

Self-styled specialist investment administrators, IDS, have built their offering to undertaking administration for some 180 funds of all types in the hedge fund, private equity and specialist administration space, representing some $5 bn.

The firm commenced operations in 2002 and subsequently took up hedge fund administration in May 2003 in a joint venture with the then Bank of Bermuda. When HSBC took over the Bank of Bermuda the relationship continued until 2005 when IDS severed the relationship with HSBC and commenced providing hedge fund administration to the South African market.

At this time a certain amount of infrastructural capacity had been built up and the hedge fund industry in South Africa began expanding and requiring outsourced administration. IDS felt that they were ideally placed to take advantage of this expansion and have used this base to grow with the market.

Tony Christien, Client Relationship Manager for South Africa, explains that IDS has enjoyed further growth since then. "Between then and now IDS has expanded its sphere of operations to include an office in Malta, where we are a licensed administrator, a representative office in London and administrative capabilities in Mauritius. We currently administer 18 funds out of Malta and are looking to expand into the European market" he says.

IDS's principal client base comprises single and fund of fund managers in the hedge fund, privat......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius