Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

32035

Castle Hall launches free ADV monitoring of 19,000 asset managers

RELATED TOPICS​

Due diligence specialist Castle Hall, has launched DiligenceExpress, a completely free of charge service enabling investors, asset managers and industry service providers to review and monitor diligence information on more than 19,000 registered investment advisors and 62,000 private funds.

Part of Castle Hall’s next generation DiligenceHub online app, DiligenceExpress offers manager and private fund data sourced from Form ADV submissions filed with the United States Securities and Exchange Commission. Data is fully comprehensive, with no restrictions as to the scope or volume of data presented for registered users.

The service provides sxtensive profiles of each Registered Investment Advisor and every private fund. Information is delivered through an easy to use, online app, together with top quality PDF reports.

DiligenceExpress analytics also highlight potential risk factors, at a point in time and over time. Comprehensive dashboards enable tracking of analytics across an entire portfolio.

Investors can also follow managers, and be notified automatically by email each time a new ADV is filed, irrespective of the number of managers followed.

All prior Form ADV information can be archived without restriction while the service also provide full change view analysis online and in PDF.

“Castle Hall believes that due diligence has changed,” says Chris Addy, Castle Hall’s President and CEO. “Asset owners value tools which support a consistent, evidenced and auditable due diligence workflow across all third party manager relationships. This is very different from legacy ODD which focused on hedge funds, with emphasis only on static, point in time reports. Fintech and Regtech solutions are now a must, enabling Castle Hall to marry both objective data and subjective due diligence – technology allows us to turn diligence into data, and data into diligence.”

Anne Coady, Castle Hall’s Managing Director, says: “DiligenceExpress provides information on nearly 20,000 asset managers and more than 60,000 funds. Users can see immediately if a manager has an existing or new regulatory action, if they have a related party broker dealer, or see who are the directors of a fund or whether that fund is self administered. We are also very pleased to be able to make this public information available free of charge and directly accessible to all institutional investors, managers and industry participants.”

DiligenceExpress is fully integrated into Castle Hall’s broader due diligence workflow. After reviewing manager and private fund level ADV information, investors can progress to a broader reputational due diligence review, review of audited financial statements, OpsMonitor coverage, or a full, onsite OpsReview. Investors may also add ESG, cyber security or risk due diligence to that manager or strategy.

Latest News

GAM Investments and Sun Hung Kai & Co, a Hong Kong-based alternative investment firm, are..
PwC’s Global Entertainment & Media Outlook 2024-28, covering 13 sectors across 53 countries and territories,..
London-based Nickel Digital Asset Management (Nickel) writes that it has delivered a record first half..

Related Articles

Green energy
2024 has been the strongest ever year for green bond sales, with deals topping USD356 billion in the first six months, according to research from Bloomberg...
2024 has been the strongest ever year for green bond sales, with deals topping USD356 billion in the first six..
infrastructure headline
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the UK’s growth ambitions...
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the..
Tom McPhail, lang cat
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a widely predicted Labour win...
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a..
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving the UK’s growth ambitions is increasingly on investors’ agendas...
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by