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Arman Salavitabar

Arman Salavitabar

Founding Partner, FundFront

Knowledge

A Comprehensive Guide to Actively Managed Certificates (AMCs)

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The AMC advantage

In today’s fast-moving investment landscape, agility is everything. Investors expect personalized portfolios, real-time visibility, and access to both traditional and alternative assets, without the cost and complexity of legacy fund structures.

Say hello to Actively Managed Certificates (AMCs): flexible, securitized investment products that combine the strategic control of a fund with the simplicity of a certificate. Whether you’re an individual investor, family office, or advisor, AMCs offer a smarter path to building and scaling investment strategies and private wealth portfolios.

FundFront’s AMC Platform is purpose-built to help firms issue fully-managed, white-labeled AMCs at speed, complete with structuring, compliance, administration, and investor-facing technology.

What is an Actively Managed Certificate (AMC)?

An AMC is a structured product that wraps a discretionary investment strategy into a securitized, ISIN-bearing certificate. Unlike traditional funds, which require complex setup, costly service providers, and jurisdictional approvals, AMCs offer:

Faster launch times

Lower operational costs

Full control over strategy and execution

Daily liquidity and pricing (depending on the underlying assets)

Access to both liquid and alternative assets

AMCs are issued by a special purpose vehicle (SPV) that owns the underlying portfolio. The manager provides trading instructions, and investors hold a certificate linked to the strategy’s performance.

FundFront’s AMC Platform

FundFront offers a fully-managed AMC issuance platform, designed to help you build investment products and portfolios quickly, without operational drag.

Here’s what’s included in our AMC solution:

Product structuring & issuance
Launch your AMC through a plug-and-play issuance vehicle. FundFront handles all legal, regulatory, and structuring requirements, including setup.

Portfolio execution & management
Trade a wide range of underlying assets, from public equities to hedge fund strategies, crypto, real estate, and private debt. You retain full discretion; we handle the wrap.

ISIN allocation & listing
Each AMC is assigned an ISIN code and can be listed on recognized exchanges, expanding its reach across private banks, wealth platforms, and institutions.

Administration & compliance
Our infrastructure covers NAV calculations, performance reporting, trading support, and ongoing oversight.

Why AMCs are reshaping private wealth

Traditional fund structures, while still relevant, aren’t always ideal for fast-moving or bespoke strategies. By contrast, AMCs offer a high-speed alternative with built-in flexibility and broader asset eligibility.

Here’s why individual investors, family offices and advisors are embracing AMCs:

Speed to market

Launch times drop from 9–12 months (for a fund) to just a few weeks with an AMC.

Lower cost base

Skip the fund administrator, legal stack, and multiple vendors. Our unified platform drastically cuts fixed costs.

Investment flexibility

Hold traditional, alternative, and real-world assets in a single product, and rebalance in real time.

Use Cases: who benefits from AMCs?

Family Offices

Curate bespoke portfolios with complete discretion. Create certificates for internal strategies or offer structured investment menus to HNW clients — with no need to manage fund operations in-house.

2. Asset Managers & Trading Teams

Convert strategies into investable, ISIN-wrapped products in days. Perfect for liquid alts, long/short equity, fixed income, or macro strategies that require nimble execution and institutional packaging.

3. Private Banks & Wealth Platforms

Build your own AMC marketplace to offer clients a curated menu of proprietary and third-party strategies. FundFront’s infrastructure handles the operational load, while you control branding and client experience.

4. Private Capital & Venture Firms

Package illiquid investments — such as real estate, private equity, or venture — into listed, tradable certificates. Open up access to broader investor bases with a fully-compliant structure.


Inside the FundFront platform: what you actually get

Function FundFront’s AMC Platform Provides
Structuring SPV compartment, legal docs, ISIN assignment
Execution Manager-led discretionary trading
Compliance KYC/AML
Reporting NAV, performance dashboards
Technology Portals, digital onboarding, e-signatures
Administration Accounting, reconciliation, transaction monitoring
Investor Experience Banks, direct

When to choose an AMC vs. a Fund?

Feature Actively Managed Certificate Traditional Fund
Time to Market ~3–6 weeks 9–12 months
Setup Cost Low High (legal, admin, audits, registration)
Strategy Flexibility High — frequent changes allowed Regulated change procedures
Investor Type HNW, institutional, platform-ready Institutional, often high minimums
Asset Classes Public, private, crypto, structured Mostly liquid or regulated instruments
Best For Bespoke, fast, cross-border products Large-scale institutional mandates

Why choose FundFront?

At FundFront, we don’t just provide a wrapper , we deliver the entire infrastructure to issue and manage AMCs from end to end. With our platform, you’re not patching together legal, admin, and tech vendors. You’re launching fully-operational investment products through a single, unified system.

Launch-ready AMC structures in weeks
Scalable across jurisdictions and investor types
Fully white-labeled under your brand
Built-in compliance, reporting, and investor experience
Modular and future-proof, grow your offering without changing systems

A better way to launch investment products

Actively Managed Certificates represent the future of private capital packaging. They offer the flexibility of a mandate, the structure of a fund, and the agility of a digital-native product.

If you’re looking to bring strategies to market faster, broaden your investor base, or reduce the friction of traditional fund setups, AMCs through FundFront offer a powerful solution.

Let’s build your AMC platform.
Contact us at hello@fundfront.com or request a demo to see how our infrastructure can power your next investment product.

Written by:

Arman Salavitabar

Arman Salavitabar

Founding Partner, FundFront

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