Asset manager J O Hambro Capital Management, based in London, has selected the Advisers Investment Trust for their U.S. mutual fund products.
The Advisers Investment Trust is a turnkey series trust solution provided by Northern Trust in conjunction with Beacon Hill Fund Services. The Advisers Investment Trust is aimed at foreign advisers wishing to enter the ’40 Act space.
A “Series Trust” or “Umbrella Trust,” as it is commonly known as in the United States, is a regulated investment company registered with the SEC. This structure enables multiple unaffiliated registered investment advisers to manage separate portfolios or “series” within the same trust.
Northern Trust will provide back office operations such as fund accounting, fund administration, transfer agency and custody. Beacon Hill will serve as distributor and provide business management and governance services for the funds.
“We selected the Advisers Investment Trust because of its focus on superior client service,” says Helen Vaughan, chief operating officer at JOHCM. “Northern Trust showed the willingness and flexibility to work with us and presented the best solution for our needs that will allow us to grow our business in the U.S. mutual fund arena.”
Northern Trust’s Global Fund Services business provides custody, fund administration, and investment operations outsourcing solutions to investment managers across the globe and across the spectrum of asset classes.
London-Based Manager Enters U.S. Mutual Fund Market Via Northern Trust
Asset manager J O Hambro Capital Management, based in London, has selected the Advisers Investment Trust for their U.S. mutual fund products.