OppenheimerFunds Selects Milestone's NAV Oversight Solution

Asset management firm OppenheimerFunds has selected Milestone Group’s NAV Oversight solution to automate the oversight process for daily NAV calculations on more than 230 funds.

By using this solution, OppenheimerFunds can gain deeper insight into their NAV calculation process and be more confident in the accuracy of service provider results.

“For a growing number of asset managers, increasing fund oversight levels is about protecting their business and the reputation they have attained,” says Robert Caporale, managing director and head of North America at Milestone Group. “OppenheimerFunds has achieved a level of thoroughness many in the industry still strive for, and we are committed to supporting them in their oversight expansion efforts.”