AI Magazine Issue 3 2018

Acquisition International - Issue 3 2018 49 Moore Management is a leading provider of fund administration and fund management services to corporate and institutional clients around the world. Fiona Wild, Funds Director, provides us with an insight into the success of Moore Management. xperienced, versatile and knowledgeable, the people at Moore Management serve offshore structures and fund managers investing in a wide range of asset classes, from private equity to real estate and alternative assets. Fiona comments on the typical clientele that the company works with, and why the global presence of the company is beneficial to the firm. “Our offerings mean we work with major investment banks,aswellasboutiquealternativeassetmanagers, in many of the world’s key financial centres. Clients benefit from our strategic office locations in Jersey, Guernsey, the Isle of Man, Japan, Singapore and Bermuda. Also, we service funds domiciled in the Cayman Islands and Delaware, as well as other key jurisdictions.” Adopting a personal approach in regard to projects and working with clients, Fiona details why the firm is at its best when it is tailoring solutions to fit the individual process, client and project. “When you become a client of Moore Management, you will get your own relationship manager. It is their job to oversee all aspects of the service we provide, offering daily, hands-on support, as well as ensuring you have the right expertise on technical issues and regulatory changes.” “Furthermore, we have invested heavily in equipping our people with the appropriate technical expertise. In our Jersey and Guernsey offices alone, 40% are qualified accountants who use their technical knowledge to streamline the process of setting up and maintaining funds effectively. They provide expert services for standard funds, and have extensive experience in complex investment holding company structures, carried interest structures, special purpose vehicles and limited partnerships.” Fiona explains what helps Moore Management to stand out amongst its competitors within the industry, citing the firm’s ability to offer a bespoke service and its global reach. “Separating ourselves out fromour competitors, well, our clients tell us it’s our ability to offer a boutique service, but with a global reach whilst using specialised applications. The distinctive service proposition is really a combination of several things - the individual customer relationship approach and comprehensive technical expertise mentioned above, alongside a range of performance feemodels. However, allied to this is our reach, meaning multi-jurisdictional coverage, and the geographic scope that comes from our close working relationship with our parent company, First Names Group. So, if required, you can draw on a further pool of qualified trust and corporate practitioners across the globe. This adds an extra dimension to our services, along with the superior technology solutions that benefit the client.” Company: Moore Management Contact: Fiona Wild Address: Ground Floor, Liberation House, Castle Street St Helier, Jersey, JE2 3AT Phone: +44 1534 822 500 Fax: +44 1534 616 900 Email: enquiries@ mooremanagement.com Web: www.mooremanagement.com Always Expecting Moore E 1801AI54 “The other differentiator is our use of leading edge technology. Our central technology platform is eFront, specifically designed for closed ended structures for alternative assets. For other open-ended fund structures, we use ICON, PureFunds, PureClient and PureManager, with Investment Café, PolicyHub and Board intelligence used to complement our services. Also, we offer a tailoredweb-based tool to provide clients with 24-hour access to all fund-related data in real time. Our accredited certification to ISO 27001 demonstrates we follow information security best practice.” Essential to Moore Management establishing itself as a leading funds administrator is the team’s ability to develop its services around the advances which are constantly arising. Fiona explains how the company will adapt around issues which come fromall over the world, such as Brexit. “Firstly, the importance of a stable political environment when using offshore jurisdictions has led to an increased flight to quality locations such as the Channel Islands. The Brexit decision also affected commercial property prices, and we have seen increased interest from Middle Eastern investors looking for UK real estate investments.” “Within Japan, several regulatory investment measures have put the focus on the importance of long-term investments. The emphasis is also on investing in alternative assets, with a growing importance in ESG (environment, social and governance) investments, led by Japan’s Government Pension Investment Fund. Corporate investors are beginning to investigate investments in wider asset classes, such as venture capital.” “Additionally, in Guernsey, we are starting to see demand from Private Investment Fund clients and first- time fund managers looking for support. We continue to see demand from Middle Eastern clients for Sharia- compliant structures, so we’re developing our expertise in this area, including employees with the CISI Islamic Finance Qualification. With the introduction of BEPS, some clients are looking for serviced office space in Guernsey, and to employ local directors while continuing to outsource administration. Also, we are looking to distribute funds to new markets such as China.” “Lastly, in Jersey the trends we’re seeing include increasing interest in the Jersey private fund regime, family offices deploying capital in alternative assets - both private equity and real estate - and the need for access to detailed and sophisticated data sets easily in real time. Sovereign wealth and pension funds are also looking to invest in alternative asset classes. Clearly, it is going to be an interesting year.”