There are a number of different ways that a fund manager can set up a management structure; one way is an umbrella fund. The umbrella fund is one of the more complex ways to set up a fund ...

Different umbrella funds will structure and calculate these costs in different ways, Acton says. For example, some fees are calculated as a percentage of assets, while others are based on a set ...

Many Possibilities Under an Umbrella It turns out the simplicity of the Fund Group concept is robust enough to accommodate a number of different fund structures. Recently, we have seen several ...

The main advantage of the VCC is the use of the umbrella structure. This allows the sub-funds to share a board of directors and have common service providers, such as the same fund manager ...

A feeder fund is one of several sub-funds that put all of their investment capital into an overarching umbrella fund ... This two-tiered investment structure of a feeder fund and a master fund ...

“Likewise, an impactful umbrella fund must be able to structure its investment portfolios (both pre and post-retirement) on a best-of-breed basis without having to accommodate in-house asset ...

More than R43 billion has already been withdrawn under South Africa’s new two-pot retirement system — and over R11 billion collected in tax revenue. If you are a business owner or head of ...

The VCC is a corporate structure for investment funds that can be set up as a standalone fund or an umbrella fund with two or more sub-funds, each holding a portfolio of assets and liabilities ...

The impending launch in Europe of a quartet of exchange traded funds could pave the way for a rapid expansion of Vanguard-style umbrella structures offering both ETFs and mutual funds. The May ...