Global asset manager Dimensional Fund Advisors (DFA) has been working with SS&C Global Investor and Distribution Solutions (GIDS) to facilitate mutual fund share class-to-exchange-traded fund (ETF) share class conversions — all in support of Dimensional’s recent launch of ETF share classes via its U.S. multi-class funds. SS&C GIDS, a key division of SS&C Technologies, offers… Read More >>
BBH Debuts NAV Solution
Brown Brothers Harriman (BBH) has debuted a solution — NAVqc — intended to help asset managers, management companies, and service providers “more effectively fulfill their NAV oversight obligations across third-party administrators,” officials say. NAV is an acronym for net asset value and helps industry participants gauge the per-share value of mutual funds or exchange-traded funds… Read More >>
Northern Trust Seeks Share Class Relief for ETFs
Custodian Northern Trust has made public its formal application for exemptive relief to offer exchange-traded fund (ETF) share classes “alongside existing mutual fund share classes for certain adviser series within its two sponsored series trusts: Advisers Investment Trust and Datum One Series Trust,” officials say Filing for exemptive relief will help Northern Trust provide asset… Read More >>
RLAM to Use More SS&C Services
Royal London Asset Management (RLAM), a U.K. fund management company, has extended its relationship with SS&C Technologies by having SS&C Global Investor & Distribution Solutions (GIDS) provide fund administration and unit registry services for its new range of Australian active funds, officials say. The SS&C GIDS division will provide a suite of fund administration services… Read More >>
Hamilton Lane to Collaborate with Clearstream
Private markets investment firm Hamilton Lane is working with Clearstream, a post-trade services provider of Deutsche Börse Group, to bring Hamilton Lane’s European evergreen fund offering to Clearstream’s integrated fund distribution platform, officials say. The move is intended to “improve operational efficiency and provide access for a broader range of clients seeking private markets exposure,”… Read More >>
Voss Capital Taps SS&C GlobeOp for Fund Administration
Houston, Texas-based fund manager Voss Capital reports that it will be using SS&C GlobeOp as its fund administrator and other services from SS&C Technologies for its separately managed accounts, as the firm intends to streamline operations, officials say. “SS&C will provide a full range of fund services across two funds with $375 million in assets… Read More >>
N.Y. State Pension Fund Valued at $291B for Q2
The New York State Common Retirement Fund has an estimated value of $291.4 billion at the end of the second quarter of New York State’s fiscal year 2025-26, and fund investments “returned an estimated 4.13 percent for the quarter and 9.82 percent for the first six months of the fiscal year,” according to Thomas P…. Read More >>
Northern Trust to Help Avanda with MAS Mandate
Northern Trust officials say the custodian bank has expanded its fund services relationship with Avanda Investment Management and will be supporting Avanda’s implementation of the mandate granted by the Monetary Authority of Singapore (MAS). The MAS is Singapore’s central bank and integrated financial regulator, and it works with the financial services industry to develop Singapore… Read More >>
Boothbay Fund Management Taps SS&C GlobeOp
Boothbay Fund Management, a global multi-strategy alternative investment advisor, has selected SS&C GlobeOp as its fund administrator, according to SS&C Technologies. “Boothbay’s multi-manager platform has over $2.5 billion in assets under management across more than 140 separately managed accounts. The firm selected SS&C to help scale its operations,” according to the announcement. “As our business… Read More >>
Brandes Investment Partners to Use More Northern Trust Services
Officials at Northern Trust report that they are expanding their relationship with Brandes Investment Partners (Asia) Pte Ltd via global custody and fund administration services that will support the launch of the Brandes Global Value Fund in Australia. Brandes Investment Partners (Asia) Pte Ltd is part of the Brandes group of companies that includes Brandes… Read More >>
