Outsourcing for fund managers: Demystifying the regulatory structure

Abstract

Where fund managers outsource critical functions and activities, two strands of law meet. Fund managers operate under an increasingly complex and ever-changing regulatory structure. Overarching principles of business apply to them, as well as complex and detailed rules on outsourcing. In this paper, the authors describe the regulatory structure that applies when fund managers look to outsource, and offer guidance on how they should choose their service providers and negotiate their outsourcing agreements.