5 Oversight Risks Fund of Funds Face – and How to Eliminate Them

1. Coverage Gaps

The risk: Incomplete visibility across your portfolio – whether it’s a new private markets allocation, a change in a fund’s structure, or an overlooked sub-strategy. These blind spots can delay risk identification and weaken reporting accuracy.

How to fix it: Dasseti COLLECT centralises all manager, fund, and holdings data in one platform, with workflows to capture updates as they happen. Whether adding a new allocation mid-cycle or tracking a strategy change, you see the full picture in real time, across asset classes, jurisdictions, and teams.

2. Late or Incomplete Responses

The risk: Review cycles stall because managers are slow to respond – or skip key questions entirely.

How to fix it: Automated reminders and AI-powered prefilling remove friction for managers, while built-in completeness checks highlight missing answers before submission. This improves both speed and quality, so review cycles keep moving without repeated follow-up.

3. Inconsistent Formats

The risk: Responses arrive in different templates and formats, making comparison time-consuming and error-prone.

How to fix it: Dasseti COLLECT standardizes every response – regardless of original format – and ties it to firm and fund profiles. This makes data immediately comparable, reduces manual reformatting, and eliminates errors that creep in when consolidating spreadsheets, PDFs, and Word docs.

4. Missed Red Flags

The risk: Operational or compliance changes slip through unnoticed until it’s too late.

How to fix it: AI-driven flagging and Form ADV change monitoring highlight exactly what’s changed – from leadership turnover to regulatory updates – at both firm and fund level. You control the flagging rules, so alerts focus on the risks that matter most to your investment mandate.

5. Difficulty Demonstrating Oversight

The risk: Oversight work is thorough, but you can’t easily prove it to boards, clients, or regulators.

How to fix it: Dasseti’s dashboards and reports pull from all your manager data – including dual-source verification with Nasdaq eVestment^TM – to create a complete, defensible oversight picture. Whether for a board meeting, client update, or regulatory audit, you can produce evidence-backed reports in minutes instead of days.

Turning Risk into Advantage

With the right tools, FoF oversight stops being reactive and starts being strategic – whether you manage 20 managers or 300. Dasseti COLLECT lets you manage every manager, fund, and holding in one place – giving you a faster path from data collection to confident decision-making.