Mainstream Fund Services in Hong Kong

It seems every day there is another report on the growth prospects of Hong Kong for both traditional and alternative investment managers.

We see enormous opportunities for fund flows, from the opening up of the Chinese market and RMB internationalisation, to the Asia Region Funds Passport, Association of Southeast Asian Nations (ASEAN) Collective Investment Scheme (CIS) and Hong Kong-Mainland China mutual fund recognition initiatives.

Taking advantage of these opportunities requires expertise and investment. That is why we continue to see fund managers outsource non-core processes to specialist fund administrators.

Mainstream Fund Services, part of Mainstream, specialises in fund services in Hong Kong and mainland China. We are a boutique administrator known for our end-to-end fund service where you choose the start and end points.

We offer a full service back office including middle office, transfer agency, fund administration and fund accounting to both local domicile and international funds.

Time in Hong Kong:


Hong Kong Office

Mainstream Fund Services (HK) Limited

17/F, Winsome House
73 Wyndham Street
Central, Hong Kong

Google Map of Winsome House 73 Wyndham Street Central, Hong Kong

Our Staff

Clay Sullivan

Clay Sullivan

Head of Middle Office Services

Clay is Head of Middle Office Services. Based in Hong Kong with Middle Office teams in Sydney and Hong Kong, Clay has extensive experience in fund manager research, evaluation, performance, compliance and contract management.

Clay has been responsible for Middle Office Services at Mainstream Fund Services for over ten years. Prior to that he worked on international client performance and transitions at Russell / Mellon in Sydney, fund manager research and high net worth clients at ING in the Fund Manager Research Team and heavy electrical service delivery in the power industry in New Zealand. He is a Fellow of FINSIA, holds a Graduate Diploma in Applied Finance, Masters and Honours Degrees in Commerce & Finance, and Electrical Engineering qualifications.

Contact Details

+852 3580 6501
hongkong@mainstreamgroup.com

Amy Lau

Amy Lau

Head of Fund Services, Country Manager Hong Kong

As Head of Fund Services, Country Manager Amy heads up fund services and business operations for Mainstream Fund Services in Hong Kong. With more than 15 years of experience working in fund administration, Amy is familiar with setting up and providing administration services to hedge funds, fund of funds, private equity funds, managed accounts and structure products and has assisted the set up and roll out of fund service platforms in Hong Kong for global financial services providers.

Amy is a Fellow member of the Association of Chartered Certified Accountants and holds an MBA and a Bachelor of Accountancy.

Contact Details

+852 3580 6513
hongkong@mainstreamgroup.com

Background

Mainstream Fund Services opened an office in Hong Kong in 2013 and acquired middle-office service provider HFO’s operations in 2014 to expand our presence in the city.

We are known for our entrepreneurial, flexible and cost effective approach and we bring this same passion to our clients in Hong Kong and mainland China.

We are here to support local fund managers with our regional knowledge and economies of scale. We can also assist offshore firms wanting to enter Asia’s main fund management and alternative investment hub.

We predict Hong Kong will attract record investment inflows over the coming years, given the number of cross-border initiatives underway in Asia. These increased investment flows will be a catalyst for automation. With our expertise and leading fund technology, your fund business can capitalise on these opportunities.

Global Expertise

Mainstream Fund Services (HK) Ltd is part of Mainstream Group Holdings Limited (ASX: MAI), a listed company specialising in fund services. The Group provides fund and superannuation administration services underpinned by investment in people, processes and technology.

As at June 2017 the Group provides administration services to 667 funds and more than 92,000 investors with assets under administration in excess of AUD $119 billion. Mainstream employs over 210 people, with operations in Australia, Singapore, Hong Kong, the United States, Ireland, the Isle of Man, Malta and the Cayman Islands.


Learn more about Mainstream worldwide.

Reliably proven success by the numbers:
667+
Funds
20+
Years Experience
$119bn+
In Funds Outsourced to Mainstream

Local services

We are a full service fund administrator to mutual funds, hedge funds, private equity (PE) funds and family office wealth. We support multiple investment strategies, assets and fund types.

You can outsource all, or a part, of your Hong Kong fund's back and middle office to Mainstream Fund Services:

Middle office services
  • Trade matching and bookings
  • High value / high volume / speciality trade management
  • Trade break management and enrichment
  • Integration with TradingScreen and Bloomberg order management and execution management (OMS EMSX) solutions
  • Integration with Imagine Software Risk Analytics & Derivative tools
  • Valuation and net asset value (NAV) integration
  • Private equity management fee, performance fee and waterfall calculations
  • Performance reporting
  • Compliance
  • Customised data distribution solutions
Fund services
  • Unit pricing
  • Valuation, NAV and shadow NAV
  • Established private equity fund administration
  • Specialist regional support to alternative assets investment
  • Custodian / prime broker monitoring and instructions
  • Corporate actions
  • Primary administrator or shadow administrator role
Fund accounting
  • Financial statements
  • Fund audit facilitation
  • Statutory accounts and audit support
  • Fair value accounting integration
Transfer agency
  • Multi-lingual client contact centre, including English, Cantonese and Mandarin
  • Client reporting
  • Client transactions
  • Interest registration
  • Distributions
  • Anti-money laundering (AML) and Know Your Client (KYC) monitoring
  • FATCA reporting

Mainstream Fund Services is a member of the Alternative Investment Management Association (AIMA) in Hong Kong.

Why use Mainstream Fund Services Hong Kong?

Here is what sets us apart:

  • Professionals to run your back office

All of our staff are specialist administrators and you will have a direct relationship with them. Fund administration is the only thing we do.

  • Regional platform with local service delivery

All of our fund services are delivered ‘in country’ (rather than offshore in a low cost location) through our local offices.

  • Leading-edge software

Avoid costly investment in back office systems and make better investment decisions. We invest heavily in our systems and only use the best fund technology.

  • Tailored, flexible solutions

Choose the start and end points of your process and we will deliver to your specification. We offer a full middle and back office service in Hong Kong.

  • Control of your administration costs

We have a very competitive pricing approach in Hong Kong, with a simple model, to reduce your operating costs.

Statistics

  • Office opened: 2013
  • Country manager: Clay Sullivan
  • Specialities: middle office services, trade management, risk reporting, accounting and administration
Over $119 billion in funds are outsourced to Mainstream: