德勤：2023亚太地区投资管理行业对外部基金行政管理人的有效监督和控制报告（英文版）（28页）.pdf

1、Effective Oversight and Controls Amidst Rising Adoption of External Fund Administrators in Asia Pacific2Effective Oversight and Controls Amidst Rising Adoption of External Fund Administrators in Asia PacificForewordThe investment management industry has increasingly outsourced middle and back,and,to

2、 a certain extent,front-office functions in Asia Pacific.This trend emerged due to the heightened pressure on investment managers to deliver returns in a highly competitive market,with clients becoming increasingly price sensitive.These factors have led to shrinking profit margins,prompting investme

3、nt managers to seek ways to improve operational efficiency,reduce costs,and enhance performance.Outsourcing provides a means to achieve these goals while managing risk and maintaining a competitive edge.As more processes are outsourced,robust oversight and controls become even more critical to ensur

4、e service quality,accuracy,and timeliness.Furthermore,tightening regulatory requirements intensifies complexity,requiring investment managers to prioritise regulatory compliance.As such,investment managers are fortifying oversight and control over Fund Administrators(FAs)while navigating the complex

5、ity and intricacy of their operating environment.Investment managers who are able to build a strong and collaborative relationship with their FAs can focus on their core service offerings while continuing to deliver value to their clients.In this paper,we will explore several trends around fortifyin

6、g FA oversight.First and foremost,the importance of building a robust oversight and control framework.Investment managers should ensure this framework is harmonised across geographical locations while addressing local specificities and requirements.In addition,investment managers are reevaluating th