The Fund Services Report

If any sector is entitled to experience growth pains, it’s the fund administration industry. Assets under administration broke through the $10 trillion barrier last year buoyed by private equity firms embracing outsourcing. There are a myriad of reasons why: LP demands for transparency, regulatory pressures, technological change that requires high levels of investment, as our special report discusses. Amid a wave of M&A in the fund administration industry, we ask whether bigger really does mean better for the service providers.