Fundsmith

Fundsmith Extends Transfer Agent Relationship with SS&C

Retrieved on: 
Monday, December 19, 2022
Fundsmith, Software, LLP, SS&C, Multimedia, Organic, SS, Investment, Philosophy, GIDS, Security (finance), Management

Fundsmith and SS&C first partnered when Terry Smith launched Fundsmith in 2010, with SS&C providing fund administration technology and services.

Key Points: 
  • Fundsmith and SS&C first partnered when Terry Smith launched Fundsmith in 2010, with SS&C providing fund administration technology and services.
  • Since then, Fundsmith has grown into one of the U.K.'s leading fund managers, with GBP22.2 billion in assets in its award-winning Fundsmith Equity Fund at the end of November 2022.
  • "The Fundsmith Equity Fund today is the largest active equity mutual fund in the U.K. with circa 40,000 investors.
  • "After 12 years, we are pleased to continue our relationship with Fundsmith," said Damien Barry, Head of EMEA, SS&C GIDS.

Fundsmith Extends Transfer Agent Relationship with SS&C

Retrieved on: 
Monday, December 19, 2022
Fundsmith, Software, LLP, SS&C, Organic, SS, Investment, Philosophy, GIDS, Security (finance), Management

Fundsmith and SS&C first partnered when Terry Smith launched Fundsmith in 2010, with SS&C providing fund administration technology and services.

Key Points: 
  • Fundsmith and SS&C first partnered when Terry Smith launched Fundsmith in 2010, with SS&C providing fund administration technology and services.
  • Since then, Fundsmith has grown into one of the U.K.'s leading fund managers, with GBP22.2 billion in assets in its award-winning Fundsmith Equity Fund at the end of November 2022.
  • "The Fundsmith Equity Fund today is the largest active equity mutual fund in the U.K. with circa 40,000 investors.
  • "After 12 years, we are pleased to continue our relationship with Fundsmith," said Damien Barry, Head of EMEA, SS&C GIDS.

Fundsmith Appoints FundRock for Distribution of Fundsmith SICAV

Retrieved on: 
Monday, November 28, 2022
Professional Services, Business, Finance, Growth, FE, United Kingdom, ESG, Investment company, Risk, Policy, Stock, SICAV, Article 8 of the European Convention on Human Rights, Gold, Manco, SFDR, Middle office, Article, Research, Morning Star, Investment, CFA, Creative industries, Renewable energy, Financial services, Security (finance), Fundsmith, EU

In addition to existing ManCo services, FundRock Distribution S.A. will now provide distribution services, enabling Fundsmith LLP to distribute its funds in the EU.

Key Points: 
  • In addition to existing ManCo services, FundRock Distribution S.A. will now provide distribution services, enabling Fundsmith LLP to distribute its funds in the EU.
  • Fundsmith SICAV is the umbrella fund for Fundsmith Equity Fund and Fundsmith Sustainable Equity Fund.
  • Fundsmith Equity Fund, a sub-fund of the Fundsmith SICAV, is managed with exactly the same process as the same-named, largest active equity fund in the UK.
  • Terry Smith, founder of Fundsmith, is the portfolio manager of Fundsmith Equity Fund and Fundsmith Sustainable Equity Fund.

Fundsmith Live With INDATA Architect AI OMS

Retrieved on: 
Wednesday, August 18, 2021
Industry, Twitter, BI, Software, Organic, IPM, Efficiency, Business intelligence, Big data, Machine learning, OMS, AUM, LLP, Product control, Software as a service, Investment, Architect, Risk, Smuggling Interdiction and Trade Compliance, Compliance, LinkedIn, Data warehouse, Fundsmith, Technology, Medical device, Financial services

GREENWICH, Conn. and LONDON, Aug. 18, 2021 /PRNewswire-PRWeb/ -- INDATA, a leading industry provider of software, technology and managed services for buy-side firms, today announced that Fundsmith LLP is live with INDATA's Architect AI OMS and Portfolio Management solution.

Key Points: 
  • GREENWICH, Conn. and LONDON, Aug. 18, 2021 /PRNewswire-PRWeb/ -- INDATA, a leading industry provider of software, technology and managed services for buy-side firms, today announced that Fundsmith LLP is live with INDATA's Architect AI OMS and Portfolio Management solution.
  • As a cloud-native solution, Architect AI requires zero in-house IT infrastructure, just a web-browser, and offers in-depth functionality in critical areas including trading, portfolio management, pre and post trade-compliance and performance/attribution reporting.
  • "We are very pleased to welcome Fundsmith to our growing list of blue-chip clients," commented David Csiki, President of INDATA.
  • "Architect AI offers a fully modern SaaS-based solution that is streamlined in terms of operation, yet comprehensive in terms of functionality.

Northern Trust Appointed by US$45bn Manager Fundsmith to Provide Asset Servicing Solutions to its Luxembourg-Domiciled Funds

Retrieved on: 
Monday, June 21, 2021
Banking, Professional services, Finance, Fundsmith, Northern Trust

Northern Trust (Nasdaq: NTRS) today announces it has been appointed to provide fund accounting, transfer agency and global custody services to Fundsmiths Luxembourg-domiciled umbrella, Fundsmith SICAV.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announces it has been appointed to provide fund accounting, transfer agency and global custody services to Fundsmiths Luxembourg-domiciled umbrella, Fundsmith SICAV.
  • During March of this year a new strategy Fundsmith Sustainable Equity Fund was added to the Luxembourg Fund range.
  • Simon Godwin, partner at Fundsmith LLP said: Selecting Northern Trust aligns with our approach of working with leading service providers to deliver high-quality operations for our funds.
  • Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.

Edison Investment Research Limited: Fundsmith Emerging Equities Trust (FEET): Initiation - Sticking to its guns

Retrieved on: 
Monday, February 1, 2021
Finance, Economy, Money, Fundsmith, Terry Smith, Investment, Emerging market, Thomas Edison, Investor

Fundsmith Emerging Equities Trust (FEET), an emerging markets (EM) consumer theme focused investment trust launched in 2014, has recently undergone a gradual, but notable transition.

Key Points: 
  • Fundsmith Emerging Equities Trust (FEET), an emerging markets (EM) consumer theme focused investment trust launched in 2014, has recently undergone a gradual, but notable transition.
  • In May 2019 Michael O'Brien and Sandip Patodia took over day-to-day management from Terry Smith, to focus full-time on FEET.
  • The trust, which has evolved with the emerging consumer story since launch, has retained the same strategy: to own high-quality, consumer-focused companies.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

Pender Growth Fund Provides Financial Highlights and Company Updates

Retrieved on: 
Friday, May 29, 2020
Finance, Money, Economy, Investment, Financial markets, Fundsmith, Private equity

We also worked closely with our private portfolio companies to support them during these times of challenge and opportunity.

Key Points: 
  • We also worked closely with our private portfolio companies to support them during these times of challenge and opportunity.
  • In Q2 2020 we continued to deploy capital and are now almost fully invested.
  • Pender Growth Fund Inc. is an investment company with the objective of achieving long-term capital appreciation for its investors.
  • The Company utilizes its small capital base and long-term horizon to invest in unique situations; primarily small cap, special situations, and illiquid public and private companies.

Matthews Asia Announces Launch of an Emerging Markets Fund

Retrieved on: 
Thursday, April 30, 2020
Consulting, Professional services, Finance, Economy, Articles, International development, Investment, Economic geography, Emerging market, Fundsmith

Matthews Asia has today announced the launch of the Matthews Emerging Markets Equity Fund.

Key Points: 
  • Matthews Asia has today announced the launch of the Matthews Emerging Markets Equity Fund.
  • The launch of this Fund represents an important milestone in the firms history, as this will be the first Matthews Asia strategy to invest in broad emerging markets.
  • For 29 years, Matthews Asia has focused its research and investment capabilities within a region that now dominates the emerging markets.
  • As an Asia investment specialist, Matthews Asia has significant experience investing in the complex and diverse range of countries and economies that comprise the largest segment of emerging markets.

Northern Trust Appointed by £22bn Asset Manager Fundsmith to Provide Asset Servicing Solutions to Smithson Investment Trust

Retrieved on: 
Thursday, May 16, 2019
Professional services, Banking, Finance, Fundsmith, Finance, Northern Trust, Investment trust, Trust law, Institutional investors, Smithson Investment Trust, Financial services

Northern Trust (Nasdaq: NTRS) today announces it has been appointed by UK investment manager Fundsmith to provide fund administration, depositary, global custody and associated services to support Smithson Investment Trust the largest UK-listed investment trust ever launched.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announces it has been appointed by UK investment manager Fundsmith to provide fund administration, depositary, global custody and associated services to support Smithson Investment Trust the largest UK-listed investment trust ever launched.
  • Simon Godwin, chief financial officer at Fundsmith, comments: Appointing Northern Trust means we have an asset servicing partner with the global capabilities, scale and track record required to support Smithson Investment Trusts operations and future growth.
  • Smithson Investment Trust invests in companies of between 500 million and 15 billion in market capitalisation, using the companys hallmark long-term, value-investing approach.
  • Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.