Unclaimed Assets: Are you missing out?

A Responsible Approach to Securities Class Actions Management

Every year settlements worth billions of dollars are reached in securities class action lawsuits. More than $26 billion has been paid to investors from these settlements in the past five years and it is expected that settlements totalling several billion dollars more will be reached in the next few years.

Recent surveys have revealed that less than 30 percent of institutional investors regularly file claim forms to participate in these settlements. For a large institutional investor, this could mean millions of dollars per year in unrecovered assets.

For some the answer has been to ask a law firm to offer some kind of basic monitoring service. That's a great start. But while most securities claims law firms offer such services, it is worth asking yourself: "Am I getting the complete picture?"

Possibly not. In our discussions with investors we often hear concerns expressed that unless they want to get in the hot seat and take "Lead Plaintiff" status, they're only hearing part of the story.

But what if you need a comprehensive claims management service that goes across the board irrespective of your status? Are you fully certain that you are receiving your full entitlement?

That's where a specialised securities claims management service can help. We want to ensure that investors can confidently meet their fiduciary responsibilities knowing that their interests are being put first and foremost. With these concerns in mind, Manifest is working with Global Claims Filing (GCF) to offer a comprehensive claims management service that is fully focussed on the needs of the institutional investor.

By managing the administrative overhead and complexities of securities claims management you can be certain that you are maximising your fund's returns, without unnecessary distractions. In today's volatile global markets you need all the time you can get to focus on your key priorities.

• Specialist, experienced team

• Timely, comprehensive research
• Detailed reporting
• Full claims verification service
• Compliance-focussed approach
• Designed to meet the needs of institutional investors

The GCF solution is a highly functional service; its modular design and flexibility covers a comprehensive range of securities class actions processing requirements from electronic and manual capture of event notifications to the processing of claims administration. All of this functionality is available in a business setting that is auditable, compliant, electronic and paperless thus reducing operational risk in the processing of securities class actions and the administration of settlement recoveries.

GCF believes that this service represents a proven and functionally rich solution to provide financial institutions with fully integrated and automated securities class actions outsource service that can ensure their recoveries in all settlements are maximised and in-house resources are minimised.

For more information about GCF or to arrange a demonstration, please send us your details and we'll get back to you as soon as possible.