Richard Murray

Richard Murray

Director, Product Development – Hedge
21 Palmer Street, London SW1H 0AD

As Director, Product Development - Hedge, Richard is responsible for developing the hedge product and its business globally.

Richard previously led SANNE’s regulated South African collective investment scheme third party management company.

Prior to joining SANNE Richard spent 14 years with Morgan Stanley and Bank of America Merrill Lynch in London, where he attained extensive banking experience with primary involvement in equity finance product development and delta-one and securities financing sales.

Richard is a qualified Chartered Accountant CA (SA).

Recent insight from Richard Murray

The Variable Capital Company

Briefing Note

Simon Vardon

Simon Vardon, Director, Product Development – Real Estate

14 January 2019

SANNE sponsor and participate in the South Africa Opalesque Roundtable

Graeme Rate

Graeme Rate, Country Head – South Africa and Malta

11 January 2018

Richard Murray's specialisms

  • Hedge Fund administration

    Our wide scope of services is delivered by a skilled and dedicated team to ensure that client objectives are supported and synergies are established at every level.

    We administer the following types of funds - Collective investment schemes, Equity Long/ Short and Market Neutral funds, Commodity funds, Fixed income funds, Multi-strategy funds, Funds of hedge funds, Mezzanine debt funds as well as other combinations of multi-currency and multi-jurisdictional structures.

    A key service provided to clients is the calculation of an independently valued portfolio Net Asset Value (NAV). This is produced at a frequency required by the fund, in line with its liquidity requirements and ranging from daily to quarterly reporting.

    We offer clients a full spectrum of accounting services, from the maintenance of fund accounting records and the processing of expenses, management and performance fees and corporate actions, through to the best practice preparation of annual financial statements and coordination of the annual audit. Investor servicing is provided in an integrated solution with an ability to maintain a full share register or partner capital accounts. Fund Accounting is responsible for the maintenance of fund accounting records in accordance with local laws, regulations and accounting standards.

    Other services encompassed in the offering include fund of fund custody, cash management and middle office services.

  • Management Company

    SANNE's Management Company is a registered Collective Investment Scheme Management Company regulated by the Financial Services Board.  This allows it to provide investment managers with an outsourced portfolio hosting platform for hedge fund and unit trust portfolios.  The investment manager is able to focus on their core activity of investment decision making.

    Core deliverables of the Management Company are to ensure regulatory and mandate compliance of the portfolios and to perform an independent risk monitoring function.  The Management Company maintains a strong internal control structure to minimise risk of operational and financial failure.

    Our approval enables us to offer investment managers with a number of portfolio choices:

    > Qualified Investor Hedge Funds

    > Retail Investor Hedge Funds

    > Unit Trusts

    For more information on our Management Company, please click here.


  • About us

    SANNE is a leading global provider of alternative fund and corporate administration services.

  • Our services

    SANNE provides clients across the globe with a wide range of complementary business services, focused on two core areas: alternative asset services and corporate and private client services.

  • Our approach

    We understand that each client relationship has a unique set of requirements and expectations; that is why our client service teams are handpicked and tailored to fit the specific and evolving needs of each client.

  • Thought leadership

    At SANNE, we collaborate and share our knowledge and best practice with those we value. These are the things that make the difference.

  • Our people

    We work with talented people. It’s their deep expertise, knowledge and collaborative nature that differentiates us. We see things differently.

  • Global locations

    Our global network is spread across three global regions: The Americas, EMEA and Asia-Pacific & Mauritius.