Methodology

Our approach to art fund due-diligence is a highly time and resource-efficient solution to fund manager selection. Our clients are involved only at the appropriate key stages of the identification process. We report to our clients on our findings at every stage of the process, generating an audit trail and a clear rationale for the decisions made. We provide the information and the analysis; our clients make the investment decision.  Our methodology includes:

> Client needs analysis
> Request for proposal
> Tender analysis
> Final decision


Client needs analysis

Each manager identification engagement begins with a thorough analysis with our client of what they require in a fund manager - based on type of fund/mandate, approach to risk, etc. This analysis is used to put together a request-for-proposal specification. The initial client input at this stage ensures that it is the client's needs that remain at all times foremost in the manager identification process.


Request for proposals

Our collective knowledge and experience of the art fund management marketplace, our extensive consulting expertise and our comprehensive research and analysis are drawn together to scope out the universe of appropriate fund managers. Our proprietary IT system enables us to approach the broadest possible list of potential providers.


Tender analysis

We use our technology to analyse the submissions and raw data. Where comparability issues are identified, we communicate with the fund managers to eliminate them and thus ensure a fair and totally objective assessment. From this information, and based on qualitative and quantitative criteria we are able to identify a list of potentially suitable fund managers.


Final decision

FAWM then supports the client through the due-diligence process necessary to identify a suitable art fund manager deemed capable of responding to the requirements of the specific mandate.