“I think fund administration is a business that's transferable among different sectors of the alternative asset class,” Mr. Cowell said. Fund managers could handle institutional assets in a stand-alone administration business, much like private securities, hedge funds and real estate, given the potential for huge amounts of institutional assets to be invested in US infrastructure under President-elect Donald Trump. Accordingly, the move to diversify to infrastructure assets is expected to increase the need for technology services to process investments. The new fund will focus on investments that are not directly related to infrastructure, such as energy or health care, but rather have an impact on those sectors through their ability to generate revenue from other sources —
Fund managers could handle institutional assets in a stand-alone administration business, much like private securities, hedge funds and real estate, given the potential for huge amounts of institutional assets to be invested in US infrastructure under President-elect Donald Trump. Accordingly, the move to diversify to infrastructure assets is expected to increase the need for technology services to process investments. The new fund will focus on investments that are not directly related to infrastructure, such as energy or health care, but rather have an impact on those sectors through their ability to generate revenue from other sources —