View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 28, 2014updated 04 Apr 2017 2:28pm

Iconic Funds launches EU-compliant hosted-funds platform

Malta-based Iconic Funds has launched EU-compliant hosted-funds platform which will allow EU and non EU based fund managers to run their own fully supported and administered funds.

By Verdict Staff

Malta-based Iconic Funds has launched EU-compliant hosted-funds platform which will allow EU and non EU based fund managers to run their own fully supported and administered funds.

According to HedgeWeek, the platform will offer EU-compliant substance infrastructure and can establish either hosted feeder funds or host-flexible non-UCITS fund structures.

The platform will work on a modular services basis and will deliver a cost effective range of suppliers such as custodians, administrators, tax experts and auditors to ensure the best solutions for clients’ objectives.

In addition to providing traditional platform services, the platform will also offer value-added services in a hub and spoke type of arrangement.

David Barclay-Miller, co-founder and business development director at Iconic, was quoted by HedgeWeek as saying: "Our USP is that we provide a guided architecture for new managers with a full service menu, including proven on-the-ground funds distribution."

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International