Originally published in HFM Week, Guernsey Special Report, May 2012
Andrew Munro of Ogier Fund Services explains how the
fund administrator's role is evolving to meet the international
legislation facing the industry.
The big dull grey one
When I first came across investment funds, it was in the context
of infrastructure funds, and the young me was struck by what an
exciting business surrounded us in everything dull, grey and
quotidian. Nothing glamorous, but essential to the proper
functioning of the world as we know it. I had never really thought
about the glass of water on my desk in that way until that point in
my life. An invisible world opened up to me.
We all know that dog owners come to look like their dogs (or is
it the other way round?) over time. In the same way, it has struck
me recently that some fund administrators are starting to look like
their clients. Or certainly, that's how it feels to me sitting
in Ogier Fund Services in Guernsey.
