Fund administration

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

Retrieved on: 
Friday, October 30, 2020

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.

Key Points: 
  • 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.
  • Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

LendInvest Engages SS&C for Fund Administration

Retrieved on: 
Thursday, October 29, 2020

WINDSOR, Conn., Oct. 29, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that LendInvest, the U.K.'s leading platform for property finance, has selected SS&C GlobeOp for fund administration services.

Key Points: 
  • WINDSOR, Conn., Oct. 29, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that LendInvest, the U.K.'s leading platform for property finance, has selected SS&C GlobeOp for fund administration services.
  • SS&C GlobeOp will provide administration for LendInvest's existing open-ended fund.
  • Besides fund administration and accounting services, SS&C will support LendInvest with services such as e-Investor , corporate secretary and Automatic Exchange of Information Agreements (AEOIs).
  • "SS&C stands out from the competition with a strong technology offering and superior service," said Matthew Kay, Director of Fund Services at LendInvest.

NAV Fund Administration Group Establishes New Location to Support Fund Management Growth in Singapore

Retrieved on: 
Monday, October 26, 2020

OAKBROOK TERRACE, Ill., Oct. 26, 2020 /PRNewswire-PRWeb/ --NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, has established a new business location in Singapore.

Key Points: 
  • OAKBROOK TERRACE, Ill., Oct. 26, 2020 /PRNewswire-PRWeb/ --NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, has established a new business location in Singapore.
  • Several initiatives introduced by the Singapore government to develop the country's fund management industry have generated rapid growth, increasing the demand for experienced administrative services.
  • We specialize in support for emerging funds and seamless administrator transitioning and look forward to the opportunity to partner with Singapore fund managers."
  • Founded in 1991, NAV is a privately-owned fund administrator recognized for its innovative and cost-effective fund administration solutions.

Driehaus Capital Management Expands Relationship With Northern Trust With Appointment as Fund Administrator for Driehaus Mutual Funds

Retrieved on: 
Wednesday, October 14, 2020

Northern Trust (Nasdaq: NTRS) announced today an extension of its long-standing relationship with Driehaus Capital Management and its affiliated family of mutual funds.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today an extension of its long-standing relationship with Driehaus Capital Management and its affiliated family of mutual funds.
  • Through this expanded relationship, Northern Trust will provide fund accounting, fund administration, regulatory administration, transfer agency and global custody services to the Driehaus Mutual Funds.
  • Northern Trust was appointed in 2009 to provide global custody and related services to Driehaus entities, including the Driehaus Mutual Funds and The Richard H. Driehaus Foundation.
  • Driehaus further expanded Northern Trusts service mandate due to their long-standing, strong and reliable relationship.

NAV Fund Administration Group Named "Best Administrator- Middle-Office Services" by HFM Global

Retrieved on: 
Wednesday, September 30, 2020

OAKBROOK TERRACE, ILL., Sept. 30, 2020 /PRNewswire-PRWeb/ -- NAV Fund Administration Group ("NAV"), a leading provider of administrative services to alternative asset managers, has been named the "Best Administrator- Middle-Office Services" at the HFM US Services Awards 2020.

Key Points: 
  • OAKBROOK TERRACE, ILL., Sept. 30, 2020 /PRNewswire-PRWeb/ -- NAV Fund Administration Group ("NAV"), a leading provider of administrative services to alternative asset managers, has been named the "Best Administrator- Middle-Office Services" at the HFM US Services Awards 2020.
  • "NAV appreciates being recognized for these achievements in the fund administration space which reflects upon the expertise and dedication of our global team," said Nav Gupta, Founder and CEO of NAV Fund Administration Group.
  • Ranked #1 in an independent survey, NAV Fund Administration Group is a privately-owned fund administrator with a strong reputation for cost-effective and reliable fund administration solutions.
  • We are among the top 10 global hedge fund administrators by number of funds, servicing more than $100 billion AUA.

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

Retrieved on: 
Friday, September 25, 2020

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.

Key Points: 
  • 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.
  • Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

Phoenix American and Alternative Investment Exchange Announce Their Partnership to Deliver Straight-Through Processing for Alternative Investments

Retrieved on: 
Wednesday, September 16, 2020

The partnership will enable investors to purchase alternative investment products digitally using the AIX platform resulting in a complete and active investment record in the Phoenix American transfer agent system, STAR-XMS , with no manual intervention.

Key Points: 
  • The partnership will enable investors to purchase alternative investment products digitally using the AIX platform resulting in a complete and active investment record in the Phoenix American transfer agent system, STAR-XMS , with no manual intervention.
  • The partnership between Phoenix American and AIX is a key step in advancing the entire alternative investment industry.
  • "Phoenix American has long been a supporter of technological advancements that reduce costs for sponsors and improve investor and rep adoption of alternative investments," said Andrew Constantin, Senior Vice President, Operations for Phoenix American.
  • Phoenix American provides full-service fund administration, fund accounting , transfer agent and investor services as well as sales and marketing reporting to fund sponsors in the alternative investment industry.

Seasoned Financial Industry Professionals Join Ultimus in Key Positions

Retrieved on: 
Tuesday, September 15, 2020

CINCINNATI, Sept. 15, 2020 (GLOBE NEWSWIRE) -- A leading independent provider of full-service fund administration, accounting, transfer agency and investor solutions, Ultimus Fund Solutions (Ultimus) is pleased to announce the addition of a number of seasoned industry professionals to key team positions.

Key Points: 
  • CINCINNATI, Sept. 15, 2020 (GLOBE NEWSWIRE) -- A leading independent provider of full-service fund administration, accounting, transfer agency and investor solutions, Ultimus Fund Solutions (Ultimus) is pleased to announce the addition of a number of seasoned industry professionals to key team positions.
  • We are extremely excited about the talent weve been adding to the Ultimus team from large investment management firms and administrators, said Ian Martin , EVP, CAO at Ultimus.
  • Below are some of the professionals Ultimus recently welcomed:
    George Andrewsjoined the Ultimus Transfer Agent Systems team and will drive key technology and project initiatives.
  • Ultimus deep commitment to excellence is achieved through investments in best-in-class technology, compliance programs, organization-wide cyber security efforts, and hiring seasoned professionals.

Liberty All-Star® Growth Fund, Inc. August 2020 Monthly Update

Retrieved on: 
Monday, September 14, 2020

However, the Fund also has a market price; the value at which it trades on an exchange.

Key Points: 
  • However, the Fund also has a market price; the value at which it trades on an exchange.
  • If the market price is above the NAV the Fund is trading at a premium.
  • Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses.
  • All data is as of August 31, 2020 unless otherwise noted.

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

Retrieved on: 
Friday, August 28, 2020

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.

Key Points: 
  • 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.
  • Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.