Coronavirus: Survival Tips for Middle Office Fund Ops
FinOps Report
March 26, 2020
Dom Pugliese was quoted in the article, "Coronavirus: Survival Tips for Middle Office Fund Ops," which was published in the FinOps Report on March 26, 2020.
In the article, Dom comments on the challenges faced by fund managers grappling with the ongoing effects of COVID-19, specifically calculating a NAV at any time of the day: “Fund boards will be asking whether there have been any issues with third-party service providers, particularly with respect to calculating a fund’s NAV each day.” Fortunately, there have not yet been any public reports of fund administrators either delaying or not striking a NAV.