Fund administration

BPAS Launches Innovative Tool to Prevent Fraud

Retrieved on: 
Tuesday, October 19, 2021
Linda, Technology, TSA, Oklahoma Employment Security Commission, Retirement, BPAS, DC, Trust, SVP, Program, Generally Accepted Recordkeeping Principles, Behavior, Review, VEBA, Fund administration, Lightning, Cash balance plan, Pension fund

UTICA, N.Y., Oct. 19, 2021 /PRNewswire/ --BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts, has launched BPAStify an innovative, new fraud prevention tool that is part of the firm's overall security efforts.

Key Points: 
  • UTICA, N.Y., Oct. 19, 2021 /PRNewswire/ --BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts, has launched BPAStify an innovative, new fraud prevention tool that is part of the firm's overall security efforts.
  • "A few months ago, I was at the airport standing in the TSA Security line," said Paul Neveu, BPAS CEO.
  • "We started experimenting with this concept a few months ago," said Joe Buczek, Manager of the BPAS Participant Service Center.
  • BPAS subsidiaries: BPAS Trust Company of Puerto Rico, Global Trust Company, Hand Benefits & Trust, and NRS Trust Product Administration.

JTC Group Wins 2021 Global ESG Fund Administration Award

Retrieved on: 
Tuesday, October 19, 2021
Program, Policy, NES Financial, Technology, Social Security Government Pension Offset, NES, Growth, Opportunity zone, Troyes, SAN, ESG, EB-5, CEO, JTC, Service, Industry, Social, Americas, Compliance, Efficiency, Fund administration, Biophysical environment

SAN JOSE, Calif., Oct. 19, 2021 /PRNewswire-PRWeb/ --JTC Group, the parent company of JTC Americas, beat out all other fund administrators for a coveted prize at this year's Drawdown Awards, taking home the Service Provider award for Fund Administration: ESG.

Key Points: 
  • SAN JOSE, Calif., Oct. 19, 2021 /PRNewswire-PRWeb/ --JTC Group, the parent company of JTC Americas, beat out all other fund administrators for a coveted prize at this year's Drawdown Awards, taking home the Service Provider award for Fund Administration: ESG.
  • JTC offers a full suite of ESG consultancy services, including policy creation, training, and carbon footprint analysis.
  • "We're thrilled to be recognized as the best fund administrator for ESG globally," said Michael Halloran, CEO of JTC Americas.
  • JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services.

Juniper Square Surpasses 1,200 Client Sponsors; $1.5 Trillion in Managed Assets

Retrieved on: 
Thursday, August 26, 2021
Software, Mobile, Wireless, Networks, Professional Services, Internet, Data Management, Technology, Commercial Building & Real Estate, Construction & Property, Security, REIT, Finance, Other Technology, Industry, CRE, Technology, GP, Growth, Adoption, Fund administration, Square, Deloitte Technology Fast 500, Future, Automation, Beacon Capital Partners, Business Integration Group, Inc., Customer, Investment, LP record, Acceleration, Partnership, Solution, CEO, CRM, Workflow, Capital, Foundation, COVID-19, Telecommunication, Financial services, Security (finance)

Juniper Square , the leading provider of investment management solutions for commercial real estate (CRE), today announced robust growth over the past year resulting in $1.5 trillion in managed assets and 1,200 general partner (GP) clients.

Key Points: 
  • Juniper Square , the leading provider of investment management solutions for commercial real estate (CRE), today announced robust growth over the past year resulting in $1.5 trillion in managed assets and 1,200 general partner (GP) clients.
  • To date, more than 200,000 investor accounts and 18,000 investment entities are being managed by Juniper Square.
  • "We are excited to partner with Juniper Square and deliver an enhanced service to our investors."
  • Trusted by over 1,200 GPs to manage more than 200,000 investors and $1.5 trillion in assets, Juniper Square has quickly become the leading provider of investment management solutions for commercial real estate.

NAV Fund Administration Group Establishes Australia Location

Retrieved on: 
Wednesday, August 4, 2021
Musicians, Investment management, Singers, Alternative investment management companies, Institutional investors, Fund administration, Hedge fund, Nav

OAKBROOK TERRACE, Ill., Aug. 4, 2021 /PRNewswire-PRWeb/ --NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, has launched NAV Fund Services (Australia) Pty.

Key Points: 
  • OAKBROOK TERRACE, Ill., Aug. 4, 2021 /PRNewswire-PRWeb/ --NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, has launched NAV Fund Services (Australia) Pty.
  • "In evaluating Australia as a potential location, we found a market ideally positioned for the comprehensive range of services, industry expertise, responsive client support, and competitive fee structure that NAV has established over the last three decades," said NAV COO Ambuj Garg.
  • NAV is recognized globally for its award-winning support for emerging funds, efficient transition of services for existing funds, and expertise in cryptocurrency fund administration and was recognized as the top global hedge fund administrator in the HFM Insights Service Provider Rankings and Ratings based on feedback from hedge fund COOs.
  • Founded in 1991, NAV is a privately-owned fund administrator recognized for its innovative and cost-effective fund administration solutions.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX CUSIP #: 246060107

Retrieved on: 
Friday, July 30, 2021
Consulting, Banking, Professional services, Finance, Finance, Money, Economy, Financial markets, Investment, Mathematical finance, Rate of return, Hedge fund, Fund administration, DEX, Macquarie Investment Management, DEX, MACQUARIE INVESTMENT MANAGEMENT

A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.

Key Points: 
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.
  • While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.
  • The Fund's primary investment objective is to seek current income, with a secondary objective of capital appreciation.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

Ultimus Fund Solutions Receives Highest Scores for 7th Consecutive Year in Global Custodian Mutual Fund Administration Survey

Retrieved on: 
Wednesday, July 21, 2021
Institutional investors, Ultimus, Economy, Fund administration, Global Custodian, Mutual fund, Magazines

According to the survey report, said one client: Our experience with Ultimus has been excellent from start to finish.

Key Points: 
  • According to the survey report, said one client: Our experience with Ultimus has been excellent from start to finish.
  • In addition to receiving the highest overall score, Ultimus achieved additional milestones in the Global Custodian survey:
    Ultimus surpassed all other fund administrator scores in 12 services categories surveyed.
  • The annual Mutual Fund Administration Survey, administered by Global Custodian, asks fund sponsors to assess the quality of service received from their administrators.
  • Ultimus Fund Solutions (Ultimus) is a leading provider of full-service fund administration, accounting, and investor solutions to support the launching and servicing of registered funds, private funds, and public plans.

Sudrania Fund Services Announces Senior Leadership Appointments

Retrieved on: 
Tuesday, July 20, 2021
Investment management, Fund administration, Investment fund

CHICAGO , July 20, 2021 /PRNewswire-PRWeb/ -- Sudrania Fund Services (Sudrania) is pleased to announce the expansion of its global leadership team, bringing its global headcount to over 600 experienced team members.

Key Points: 
  • CHICAGO , July 20, 2021 /PRNewswire-PRWeb/ -- Sudrania Fund Services (Sudrania) is pleased to announce the expansion of its global leadership team, bringing its global headcount to over 600 experienced team members.
  • With these new appointments, Sudrania is focused on ensuring maximum success in Fund Administration.
  • This transformation will require professionals who understand how to help these managers focus on generating alpha while providing the reporting and transparency required," added Nitin Somani , co-Founder of Sudrania Fund Services Corp.
    Sudrania Fund Services is a global fund administrator based in Chicago, Illinois that leverages its proprietary Seamless platform, an award-winning, full-scale cloud-based, fund administration application which integrates portfolio, fund accounting and investor reporting, to provide best-in-class and cost-efficient solutions to both the traditional and alternative investment fund management community.
  • Recently, Sudrania has been shortlisted in the upcoming HFM U.S. Services Awards for Best Administrator in the category of Emerging Managers, Reporting/Regulatory Services and Technology.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX CUSIP #: 246060107

Retrieved on: 
Friday, June 25, 2021
Consulting, Banking, Professional services, Finance, Finance, Money, Economy, Financial markets, Investment, Mathematical finance, Rate of return, Hedge fund, Fund administration

A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.

Key Points: 
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.
  • While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.
  • The Fund's primary investment objective is to seek current income, with a secondary objective of capital appreciation.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

Ultimus Selected as Fund Servicer for ERShares

Retrieved on: 
Wednesday, June 23, 2021
Finance, Money, Institutional investors, Investment management, Economy, Ultimus, Exchange-traded fund, Mutual fund, Fund administration, Loan servicing

CINCINNATI, OHIO, June 23, 2021 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus), a leading tech-enabled provider of full-service fund administration, accounting, and investor solutions, is pleased to announce that it has been selected as servicer for Boston-based ERShares (also known as EntrepreneurShares).

Key Points: 
  • CINCINNATI, OHIO, June 23, 2021 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus), a leading tech-enabled provider of full-service fund administration, accounting, and investor solutions, is pleased to announce that it has been selected as servicer for Boston-based ERShares (also known as EntrepreneurShares).
  • ERShares transitioned three mutual funds and two exchange-traded funds (ETFs) to Ultimus in Q4 2020 from two previous providers following a comprehensive search.
  • Were proud that ERShares selected us as their trusted fund administration partner and brought their entire outsourced book of businessboth their mutual funds and ETFsunder one roof at Ultimus.
  • Ultimus Fund Solutions (Ultimus) is a leading provider of full-service fund administration, accounting, and investor solutions to support the launching and servicing of registered funds, private funds, and public plans.

Liberty All-Star Equity Fund May 2021 Monthly Update

Retrieved on: 
Monday, June 14, 2021
Finance, Money, Economy, Investment funds, Investment management, Investment, Mathematical finance, Rate of return, Dividend, Net asset value, Fund administration

If the market price is above the NAV the Fund is trading at a premium.

Key Points: 
  • If the market price is above the NAV the Fund is trading at a premium.
  • If the market price is below the NAV the Fund is trading at a discount.
  • Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses.
  • Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares.