About AFM
Pre Entry Phase Services
AFM’s pre entry phase services can be summarised as providing market entry reports and /or strategy advice, predominately to internationally based funds management and financial services businesses. AFM can also advise Australian based investment managers on relevant segments or on the market as a whole. AFM typically charges a one-off fee for providing such reports or a time based fee for advice. The pre entry phase services have largely developed from our experience with potential clients who were not yet at the Entry Stage of their development in the Australian marketplace (discussed below).
Entry Phase Services
AFM’s entry phase services involve a broad range of marketing services provided by AFM to clients in the entry to development stage of their lifecycle in the Australian marketplace. AFM typically charges a retainer and success fee for providing such services. While the majority of this work relates to marketing mainly international fund managers and their products to AFM’s Australian distribution network, AFM also provides “non-mainstream” services, for example, marketing Deutsche Bank’s specialised Transition Management services.
Growth Phase Services
The growth phase services relate to those clients that have progressed from the Pre-Entry and Entry stages of their development in the Australian marketplace to the Growth stage. Typically AFM will no longer receive a retainer from these clients but receives various management fees based on Funds Under Management (“FUM”) that have been introduced by AFM. AFM also holds an Australian Financial Services Licence (“AFSL”) which authorises AFM to act as Trustee or Responsible Entity to managed investment schemes and other pooled vehicles.
If and when required, AFM can work together with investment management clients to produce/advise on investment products for the Australian market.
Investment Product Services
Once a business case has been approved by our clients, AFM can act as Responsible Entity of Managed Investment Schemes and/or Trustee of unregistered schemes (excluded offer schemes)
AFM’s services in this area include providing:
AFM also coordinates third party service providers in relation to services including scheme administration, fund accounting, unit pricing, distribution calculations and payments, settlements, statutory reporting, legal advice and compliance audits.