NAV Fund Administration Group Named Top Administrator Servicing CTAs For Third Year in a Row
OAKBROOK TERRACE, Ill. (PRWEB) April 17, 2018 -- NAV Fund Administration Group (“NAV”) is pleased to announce it has been recognized as the leading administrator for Commodity Trading Advisors (CTAs) in Preqin’s Global Hedge Fund Report for the third straight year. According to Preqin’s 2018 report, NAV has 12% of the market share in fund administration services for CTAs, up from 11% in 2017. Preqin’s survey also indicated that there are now 344 fund administrators servicing hedge funds.
“It’s truly an honor to once again be recognized as the leading fund administrator for CTAs,” said NAV Gupta, CEO of NAV Fund Administration Group. “Given that there are now 344 fund administrators in the space, being recognized as number one certainly validates all of the hard work we have put in.”
About NAV Fund Administration Group
NAV Fund Administration Group (“NAV”) is a fund administrator with more than 27 years of experience in providing a comprehensive fund service offering including, accounting, reporting, investor servicing, and middle and back-office support to the hedge fund industry. NAV is ranked among the top 10 fund administrators in the world by number of funds. With assets under administration of US$65 billion, NAV employs over 500 people that serve a global client base of over 800 clients. NAV is differentiated in the industry by its independence, proprietary technology and client retention.
Ashley Starcevich, NAV Fund Administration Group, http://www.navconsulting.net, +1 (630) 954-1919 Ext: 118, [email protected]
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