MILWAUKEE, Wis.--(BUSINESS WIRE)--
UMB
Fund Services, Inc. (UMBFS) has been named “Best Fund Administrator
of the Year: Fund of Funds” as part of the 2014 International Hedge Fund
Awards presented by Acquisition International.
The International Hedge Fund Awards, now in their second year, have
become a go-to resource for industry professionals looking for partners
that have been recognized for excellence, innovation and performance
across the asset class.
The award follows on the heels of another accolade for UMBFS’
alternative investments division. It was Highly Commended at the 2013
HFM Awards in the category “Best Administrator under $30 Billion – Fund
of Hedge Funds.”
Lonnie Macdonald, executive vice president of alternative investments
for UMB Fund Services, said, “We are honored to have been recognized by HFMWeek
and Acquisition International. These awards speak to the high
quality of service we provide every day at UMB Fund Services. It’s our
vision to provide our clients with the unparalleled customer
experience. Awards such as these are a confirmation to us that our hard
work to deliver on that vision is being recognized.”
John Zader, chief executive officer of UMB Fund Services, said, “We have
always believed that our alternative investment services are among the
finest offered anywhere. We are proud that the high quality and hard
work of our associates has been recognized globally. It is gratifying to
see that the marketplace is rewarding our efforts to become the best.”
About UMB Fund Services
UMB Fund Services, headquartered in Milwaukee, Wis., offers a complete
line of products and services to the fund industry, including
administration, fund accounting, distribution, investor services and
transfer agency, and alternative investment services; custody services
through UMB Bank, n.a.; and turnkey solutions including series trust,
collective trust, and registered alternative investment services. It
currently serves more than 200 clients with combined assets of more than
$191 billion as of Dec. 31, 2013. For the past four years, the company
has been named one of the top 10 midsize employers in southeastern
Wisconsin by the Milwaukee Journal Sentinel.UMB Financial
Corporation (Nasdaq: UMBF), the parent company of UMBFS, is a financial
services holding company with more than $16.9 billion in banking assets,
headquartered in Kansas City, Mo.
UMB Fund Services
Kelli Christman, 816-560-5088
Source: UMB Fund Services