On Thursday 20 January 2022, IQ-EQ, a leading investor services group headquartered in Luxembourg, announced its new Hybrid Funds Desk, which will provide a full suite of services for hybrid funds market.
With increasing capital flows into funds and an expanding investor base, asset managers are now more inclined to broaden their product offerings by pursuing diversified portfolios and multi-asset strategy funds. As a result, hybrid funds – which provide fund managers to invest in a range of asset classes and combine both illiquid and liquid investment strategies – has become more accessible.
However, hybrid funds presents several challenges from an administration perspective due to each fund’s unique multi-asset and complex fee calculations, and need for tailor-made service solutions.
The new hybrid funds desk will directly address these requirements and provide tailored services.
Options will be available to incorporate additional dedicated software platforms, which will provide value-added asset level, SPV, Middle Office and AML / KYC services.
Justin Partington, Global Head of Funds at IQ-EQ, said: “I am delighted to launch our IQ-EQ Hybrid Funds Desk which we have created to meet growing client demand. We have seen rising interest in hybrid funds – not just from fund clients but also from private wealth and family office clients who are interested in the flexibility, opportunities and returns that hybrid funds provide. The Hybrid Funds Desk mirrors all the defining facets of hybrid funds, with the built-in flexibility needed to support complex structures”.
IQ-EQ operates in 24 jurisdictions worldwide, with a presence in key funds jurisdictions including the United States, the United Kingdom, Luxembourg, Ireland, Hong Kong, Singapore, Mauritius and the Cayman Islands.
