The Four Key Drivers Pushing Fund Managers To Switch Their Fund Administrator

80% of alternative asset fund managers that responded to Ocorian's survey on the provision of third-party fund services in 2023 said that their company uses third-party fund administration. There's a good reason for that.

In our increasingly complex industry – with a growing regulatory burden – it makes sense for fund managers to allocate fund administration to expert external providers.

What also makes sense is to question regularly whether your external fund administrator is helping or hindering your business – and to think about switching if your answer is the latter. Over 13% of fund managers said that they were expecting to switch to an alternative fund administration provider over the next 18 months.