Investor services provider IQ-EQ has launched a hybrid funds desk with a dedicated team of experts across open-ended and closed-ended fund structures.

Amid increasing capital flows and expanding investor base, traditional and alternative asset managers have looked to broaden their product offerings by pursuing diversified portfolios and multi-asset strategy funds. As a result, hybrid funds – which provide fund managers the flexibility to invest in a range of asset classes and combine both illiquid and liquid investment strategies – have become increasingly popular across the globe.

The complex and non-standard nature of hybrid funds, however, presents several challenges from an administration perspective due to each fund’s unique multi-asset and complex fee calculations, and the need for tailor-made service solutions.

IQ-EQ says its hybrid funds desk offers a full suite of services at the fund, asset and investor levels, combining the firm’s technical expertise with modern, streamlined technology solutions.

It is designed to provide managers and investors with an integrated system that services both liquid and illiquid asset classes end-to-end. It is built around IQ-EQ’s core technology platform, and, when combined with the firm’s reporting platform, allows for the combining of multiple data feeds to produce enhanced, standardized reporting and analytics.

Justin Partington, global head of funds at IQ-EQ, comments: “We have seen rising interest in hybrid funds – not just from fund clients but also from private wealth and family office clients who are interested in the flexibility, opportunities and returns that hybrid funds provide.

“The hybrid funds desk mirrors all the defining facets of hybrid funds, with the built-in flexibility needed to support complex structures. We are excited to be evolving our business alongside the industry and to maintain our position as the leading investor services provider globally.”

IQ-EQ operates in 24 jurisdictions worldwide, with a presence in key funds jurisdictions, including the United States, the United Kingdom, Luxembourg, Ireland, Hong Kong, Singapore, Mauritius, and the Cayman Islands.