European Fund Management Solutions

DMS Investment Management Services (Europe) Limited* (“DMS IMS”) is headquartered in Ireland, with offices in London and Luxembourg to support our clients’ European products and distribution requirements.

DMS IMS offers European Fund solutions through credentialed independent professionals leveraging advanced governance, risk and trading technology to serve investment funds and supporting access to key European products and key jurisdictions ;

  • DMS IMS is an authorized Alternative Investment Fund Manager (“AIFM”) and UCITS Management Company approved and regulated by the Central Bank of Ireland to provide AIFM and UCITS Management Company services in Ireland and Luxembourg
  • DMS Market Access is the registered business name of Lambay Capital Limited, which has been authorised and regulated since 2007 by the Central Bank of Ireland as a MiFID Firm. Lambay Capital Limited is authorised by the US Commodity Futures Trading Commission (“CFTC”) as a  Commodity Trading Advisor, Commodity Pool Operator and Introducing Broker and member of the National Futures Association (“NFA”) with register number 0356548.
  • In addition through our European group companies and business affiliates we can support:
    • Risk Management and regulatory reporting solutions,
    • Distribution support services,
    • European Structured Finance solutions

AIFM | UCITS Management Company

Each European domiciled regulated fund requires the key regulatory management functions to be discharged by the board of Directors (the “Fund Board”) or by an authorised AIFM or UCITS Management Company.

Within the AIFM or UCITS Management Company model, DMS IMS are responsible for key regulatory management functions while the Investment Manager is appointed solely for investment management activities, allowing them to focus on their core competency.

DMS offers both AIFM and UCITS Management Company solutions via a hosted solution on a DMS Platform or standalone solutions on a dedicated client umbrella.

The DMS IMS offering is the most robust offering model with industry leading client service levels and fully independent risk management. This is a strong differentiation from the market, where providers depend on risk data generated by the Investment Manager or other service providers, such as the Administrator. As part of the AIFM / UCITS Management Company offering, DMS IMS completes independent oversight of investment compliance and Annex IV reporting for AIFs.

Further details on DMS Risk Management and Regulatory reporting can be found here.

In addition DMS, through its European group companies and business affiliates, DMS can support the following value added services to AIFM or UCITS Management Company clients:

FUND
Depositary
  • Cash Flow Monitoring
  • Fiduciary oversight
  • Safe custody of custodial
    assets
  • Ownership Verification
    and Record keeping
    – Non Custodial assets
  • Reporting
ManCo

Appoints key delegates and responsible for key
regulatory management responsibilities;

  • Supervision of delegates
  • Fund Risk Management
  • Investment Management oversight
  • Distribution oversight
  • Regulatory compliance
  • Capital and Financial Management
Performs roles of

Appoints key delegates and responsible for key
regulatory management responsibilities;

  • Company Secretary
  • MLRO
  • KIID Production
  • FATCA / CRS
  • Annex IV reporting
ManCo
Investment Manager
  • Day to day portfolio
    management and
    investment research
  • Ultimately responsible for
    adherence to regulatory and
    fund restrictions
Administrator
  • Valuation
  • Maintenance of share
    registrar
  • Preparation of financial
    statements
  • Reporting
Distributor
  • Developing marketing strategy for the Fund
  • Assisting in the marketing and selling of the Fund

 

Hosted Solution on DMS Platform:

 

The key benefit of a hosted solution is speed to market and connectivity with key service providers.

Through the DMS hosted solution, DMS has facilitated the appointment of the following key service providers and contractual arrangements:

  • Administrator
  • Depositary
  • Legal Counsel
  • Auditor
  • Board of Directors

DMS, as the AIFM or UCITS Management Company will appoint an Investment Manager who is responsible for the investment management of their Sub Fund. Each new Sub Fund permits each Investment Manager to retain their own branding. Each Sub Fund is legally segregated and thereby bankruptcy remote from each other.

Standalone Solution on a dedicated client umbrella:

 

DMS partners with Investment Managers to provide this service as part of an overall structure which is selected and customised for each fund.

DMS are appointed by the Fund as the AIFM or UCITS Management Company responsible for the key regulatory management responsibilities while the Investment Manager is appointed solely for investment management functions.

The Investment Manager selects the key service providers and board of directors of the Fund.

DMS has connectivity to the majority of Fund Administrators and Depositaries in the industry and strong relationships with independent directors and the legal community to facilitate the standalone solution.

 

View Funds

UCITS Fund Documentation