Brown Brothers Harriman has appointed Margaret McCarthy, former senior vice president, to be head of Fund Solutions. McCarthy recently assumed the role, relocating from BBH in Tokyo to Luxembourg.
McCarthy will report to Gert Rautenberg, managing director responsible for BBHs transfer agency and fund solutions offerings.
Funds as an asset class are continuing to grow as markets open up to cross-border investment, McCarthy says. I look forward to working with our clients and market intermediaries as we assist them in accessing new distribution channels for funds and build better and more efficient infrastructure to enable scale and reduce risk.
BBHs Fund Solutions product suite supports the distribution activities of BBHs asset manager clients in addition to the sourcing of investment funds for the firms clients who are banks and funds of funds.
We are thrilled to have Margaret in this global and strategically important role, says Geoff Cook, BBHs partner responsible for Fund Solutions. Her market expertise and strategic vision will enable us to continue to grow this key product suite as an enabler for our clients who buy and sell mutual funds.