UK Authorised Corporate Director (ACD) Services - Waystone

      UK Authorised Corporate Director (ACD) Services

      Our ACD services are designed to meet your specific demands, providing fund management companies with a comprehensive and high-quality level of service.

      We work with the best suppliers in fund accounting, fund administration, transfer agency, marketing and fund distribution. Our European investment products are managed and operated by some of the most talented names from within the investment management industry.

      By carefully selecting our product partners, we host, deliver and launch specifically designed European investment funds such as UK UCITS, NURS and AIF funds, to meet the needs of investors, institutions and private clients advised by an authorised financial advisor.

      At Waystone, our UK authorised corporate director (ACD) approach is unique. We offer proactive recommendations on product development and focus on helping you to develop your commercial objectives. We examine ways to meet investor priorities, such as negotiating innovative fee structures, cross fertilisation opportunities or how to take advantage of future legislation and regulation. From the outset, our planning is specifically tailored to achieve the desired investment objective. We work extensively with developing UK UCITS, NURS and AIF funds to assist with their launch as UK regulated investment funds.

      Independent Fund Hosting Services for FCA Authorised Collective Investment SchemesAtoms / Icons / plusExpand

      Waystone’s extensive experience in financial product development, operations and oversight means that we are uniquely placed to develop, host, launch, operate and maintain UK Financial Conduct Authority (FCA) Authorised Collective Investment Schemes. We apply a specialist approach to designing investment funds and we work with leading law firms, fund administrators, fund accountants and transfer agents to tailor our ACD service to each individual client.

      As part of our commitment to assisting clients in delivering investment products, Waystone offers both independent fund hosting and product development services, enabling clients to launch UK regulated investment funds.

      We differentiate ourselves from competitors by operating open-ended investment funds and continuing to work with our clients to add value in delivering the commercial success of their product. This is achieved through our experience, knowledge, attention to risk and regulatory detail and the complete product development service that we offer.

      Our ACD services include:

        • Regulatory and operational management
        • Communications with the UK FCA
        • Investment and borrowing powers monitoring
        • Prospectus, key investment information and fact sheet creation and development
        • Risk monitoring & management
        • Risk committee management
        • Distribution and platform registration
        • Creation of new share classes & price publications
        • Monthly fund reporting packs
        • Management accounting/planning
        • Audit oversight
      Read more
      UK Assessment of Value SummaryAtoms / Icons / plusExpand
      As an Authorised Corporate Director (“ACD”), Waystone carries out Assessment of Value reporting for its UK-domiciled funds.

      As part of a move to strengthen fund governance, the UK Financial Conduct Authority (“FCA”), has required asset managers to conduct an annual review of UK-domiciled funds to assess whether they provide fair value to their underlying investors.

      This Assessment of Value report is aimed at individuals who invest within the UK-domiciled funds, or their financial advisers. It outlines each fund’s assessment and concludes on whether the ACD Board believes that the fund has demonstrated good value. Where relevant, Waystone also outlines the measures that we, as the ACD, are putting in place in the event that the ACD Board believe the value provided does not meet our own high standards.

      Waystone believes the Assessment of Value exercise should make it easier for investors to evaluate whether or not their investment manager is providing them with value, in order that they can make more informed decisions when choosing investment providers.

      Find out more about the Waystone approach to Assessment of Value reporting and read our insights on future developments.

      Read more

      ACD Services Shift from DMS Investment Management Services (UK) Limited to Waystone Management (UK) Limited

      As of 22 March 2021, the DMS Group changed its name to Waystone Management (UK) Limited. Information in respect of the ACD and the sub-funds it manages that was previously available at dmsgovernance.com will be available from waystone.com. Our email addresses changed to the [email protected]

      To reflect the change of name of name of the ACD, certain of the Open-Ended Investment Company (OEICs) and sub-funds changed their names to replace reference to ‘DMS’ with ‘WS’ and these are listed below. Please note that the DMS Charteris UCITS ICVC amended its name to reflect that it is a UK UCITS.

      The ACD has written to the investors of each OEIC informing them of the relevant name changes for the relevant funds that they are invested into.

      The name change will not change the legal status of the ACD or the ACD management services we offer and does not impact our existing business arrangements. Sub-funds will continue to be managed in the same way as before.

      Should you have any queries, please do not hesitate to reach out to [email protected]

      UK UCITS ICVS FUNDS

      Old Name New Name

      OEIC Scheme Name

      DMS Charteris UCITS ICVC

      WS Charteris UK UCITS ICVC

      Sub-Fund DMS Charteris Strategic Bond Fund WS Charteris Strategic Bond Fund
      Sub-Fund DMS Charteris Premium Income Fund WS Charteris Premium Income Fund
      Sub-Fund DMS Charteris Gold and Precious Metals Fund WS Charteris Gold and Precious Metals Fund
      Sub-Fund DMS Charteris Global Macro Fund WS Charteris Global Macro Fund
      Sub-Fund DMS Charteris Property Fund WS Charteris Property Fund

      VERBATIM MULTI-INDEX FUNDS

      Old Name New Name

      OEIC Scheme Name

      DMS Verbatim Multi-Index Funds

      WS Verbatim Multi-Index Funds

      Sub-Fund DMS Verbatim Multi-Index Portfolio 3 Fund WS Verbatim Multi-Index Portfolio 3 Fund
      Sub-Fund DMS Verbatim Multi-Index Portfolio 4 Fund WS Verbatim Multi-Index Portfolio 4 Fund
      Sub-Fund DMS Verbatim Multi-Index Portfolio 5 Fund WS Verbatim Multi-Index Portfolio 5 Fund
      Sub-Fund DMS Verbatim Multi-Index Portfolio 6 Fund WS Verbatim Multi-Index Portfolio 6 Fund

      VERBATIM FUNDS

      Old Name New Name

      OEIC Scheme Name

      DMS Verbatim Funds

      WS Verbatim Funds

      Sub-Fund DMS Verbatim Portfolio 3 Fund WS Verbatim Portfolio 3 Fund
      Sub-Fund DMS Verbatim Portfolio 4 Fund WS Verbatim Portfolio 4 Fund
      Sub-Fund DMS Verbatim Portfolio 5 Income Fund WS Verbatim Portfolio 5 Fund
      Sub-Fund DMS Verbatim Portfolio 5 Growth Fund WS Verbatim Portfolio 5 Growth Fund
      Sub-Fund DMS Verbatim Portfolio 6 Fund WS Verbatim Portfolio 6 Fund
      Sub-Fund DMS Verbatim Portfolio 7 Fund WS Verbatim Portfolio 7 Fund

      SEQUEL INVESTMENT FUNDS ICVC II

      Old Name New Name

      OEIC Scheme Name

      DMS Sequel Investment Funds ICVC II

      WS Sequel Investment Funds ICVC II

      KLEINWORT HAMBROS GROWTH FUND

      Old Name New Name

      OEIC Scheme & Fund Name

      DMS Kleinwort Hambros Growth Fund

      WS Kleinwort Hambros Growth Fund

      Sub-Fund DMS Sequel Global Target Income Strategy Fund WS Sequel Global Target Income Strategy Fund
      Sub-Fund DMS Sequel Cautious Income Strategy Fund WS Sequel Cautious Income Strategy Fund
      Sub-Fund DMS Sequel Cautious Target Return Strategy Fund WS Sequel Cautious Target Return Strategy Fund
      Sub-Fund DMS Sequel Balanced Target Return Strategy Fund WS Sequel Balanced Target Return Strategy Fund
      Sub-Fund DMS Sequel Growth Target Return Strategy Fund WS Sequel Growth Target Return Strategy Fund

      KLEINWORT HAMBROS MULTI ASSET FUNDS UMBRELLA

      Old Name New Name

      OEIC Scheme Name

      DDMS Kleinwort Hambros Multi Asset Funds Umbrella

      WS Kleinwort Hambros Multi Asset Funds Umbrella

      Sub-Fund DMS Kleinwort Hambros Multi Asset Balanced Fund WS Kleinwort Hambros Multi Asset Balanced Fund

      KLEINWORT HAMBROS INCOME FUNDS UMBRELLA

      Old Name New Name

      OEIC Scheme Name

      DMS Kleinwort Hambros Income Funds Umbrella

      WS Kleinwort Hambros Income Funds Umbrella

      Sub-Fund DMS Kleinwort Hambros Equity Income Fund WS Kleinwort Hambros Equity Income Fund
      Sub-Fund DMS Kleinwort Hambros Fixed Income Fund WS Kleinwort Hambros Fixed Income Fund

       

       

       

       

       

       

       

       

       

      Get in touch

      Call us

      Select phone
      • Switzerland
      • New York
      • Singapore
      • Hong Kong
      • London
      • Luxembourg
      • Cayman Islands
      • Ireland