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New research from KNEIP, the leading service provider for the production and disclosure of legal, regulatory and contractual information for the fund industry, has revealed that 32% of fund managers are planning to outsource back office functions over the next 12 months.
This figure has almost doubled since last year, when just 18% of fund managers planned to outsource these activities. All figures are based on the results of a recent survey of KNEIP clients, which gathered the results of more than 130 fund companies worldwide. Of the functions identified as most likely to be outsourced, those relating to UCITS regulation and the KIID were amongst the most prominent. Approximately 17% of the respondents who noted they would be contracting out back office functions said...
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