Bringing you live news and features since 2006 

Mutual funds

J.P. Morgan to administer Eagle’s mutual funds

RELATED TOPICS​

J.P. Morgan Worldwide Securities Services has been mandated for the fund administration, custody and related securities services for Eagle Mutual Funds, the mutual fund complex of Eagle Asset Management.



Eagle Asset Management manages over USD3bn in mutual fund assets with approximately 642,000 total shareholder accounts.

J.P. Morgan will provide a range of services including global custody, fund accounting, fund administration and transfer agency to provide a back-office solution for Eagle funds.

“We selected J.P. Morgan as our partner because of their strong reputation, ability to deliver quality services and in-depth industry expertise,” says Richard Rossi, president and co-chief operating officer of Eagle Asset Management. “We are excited about the opportunity to realise operational efficiencies that will allow us to better serve our shareholders.”

Chris Lynch, head of sales and relationship management – Americas for J.P. Morgan Worldwide Securities Services, adds: “At J.P. Morgan, we provide securities services for nearly 25 per cent of the 40 Act-governed mutual funds in the US, and are proud to add Eagle as a new client to our strong franchise. We will be providing them with a superior set of transfer agency, fund accounting, administration, and custody services delivered by our experienced and seasoned team with our robust, award-winning technology.”
 

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by