MILWAUKEE--(BUSINESS WIRE)--
UMB
Fund Services (UMBFS) has been named “US Fund Administrator of the
Year (Alternative Investments)” as part of the ACQ Global Awards 2014
sponsored by ACQ (Acquisition Finance) magazine.
The ACQ Global Awards utilize an independent nomination process wherein
award winners are chosen by ACQ’s readership, with more than one-fourth
of readers participating in 2014.
The ACQ award follows several other accolades earned by UMBFS’
alternative investment servicing division in recent months:
-
“Best North American Hedge Fund Administrator” – 2014 Hedgeweek Awards
-
“Best Fund Administrator of the Year: Fund of Funds” – 2014
International Hedge Fund Awards presented by Acquisition
International
-
“Highly Commended” in the category “Best Administrator under $30
Billion – Fund of Hedge Funds” – 2013 HFM Awards
Lonnie
Macdonald, executive vice president of alternative investments for
UMB Fund Services, said, “We are honored to have been selected by the
readers of ACQ as US Fund Administrator of the Year for
Alternative Investments. Our associates work hard to deliver an
unparalleled customer experience to our clients and their investors
every day. We remain focused on that goal and are very appreciative of
the recognition the marketplace has given us in recent months.”
John
Zader, chief executive officer of UMB Fund Services, said, “Our
alternative investment services and the people who deliver them are
among the very best in the business. We deeply appreciate the accolades
from ACQ and its readers, as well as the others who have recently
recognized UMB Fund Services publicly as a world-class service
provider. We will continue to do all we can to provide the best possible
client service by delivering on our brand promise, Count on more.”
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
serves more than 200 clients with combined assets of more than $195
billion as of Mar. 31, 2014. 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