The phrase "asset administrator" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or asset management, referring to a person responsible for managing and overseeing assets.
Example: "The asset administrator is tasked with ensuring that all investments are properly managed and reported."
Alternatives: "asset manager" or "portfolio administrator".
Two days after the Connaught Partnerships division went into administration in September, Morgan Sindall announced its subsidiary Lovell had agreed "to acquire the majority of the ongoing contracts and their related assets" from administrator KPMG for £28m.
Just days after the Connaught Partnerships division went into administration last month, the construction group Morgan Sindall announced that a subsidiary, Lovell, had agreed "to acquire the majority of the ongoing contracts and their related assets" from administrator KPMG for £28m.
Gerry O'Connor, a senior consultant with the Spectrem Group, a consulting firm based in Chicago, said it was not uncommon for companies to freeze assets when administrators were switched.
Software firms have developed with off-the-shelf software solutions that asset-building administrators can use immediately to track participant progress, see where they need more assistance, and report more easily and illustratively to program funders.
Ignorance, an apparent asset for some administrators, cannot be used as an all-too convenient excuse.
Life insurance companies, 401(k) plan administrators, asset managers and other companies will be looking at this.
Arcadia is a secured creditor of BHS and could get about £35m back from the sale of any assets by the administrator.
Auletta says that Bloomberg's background in business has been one of his strongest assets — "As an administrator, as an executive, Mike Bloomberg is first class," he says — as well as one of his greatest liabilities, in that it has resulted in a tendency to over-rely on quantifiable measures of success.
He then provided false information about the fund's performance and assets to its administrator, an affiliate of Ernst & Young International, and its auditor, Deloitte & Touche, according to the complaint filed by prosecutors, who said he went as far as doctoring faxes so they appeared to come directly from the broker-dealer at which the fund kept its account.
They are still looking for a buyer, whereas before CSI were looking to sell their assets, now the administrator is looking to sell it, if one is appointed.
