Capital Group chooses SS&C GIDS as UK fund transfer agent
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Capital Group chooses SS&C GIDS as UK fund transfer agent 26 January 2023UK Reporter: Lucy Carter
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Investment company Capital Group has selected SS&C Global Investor and Distribution Solutions (GIDS) to act as transfer agent to Capital Group UK - Global High Income Opportunities Fund, its open-ended investment company.
Capital Group manages more than US$ 2.1 trillion in long-term assets for global investors, focusing on multi-asset, equity and fixed income investment strategies.
SS&C GIDS already acts as transfer agent to Capital Group in the US, servicing its American Funds Service Company.
Gavin Lilburn, investment operations director for Europe and Asia at Capital Group, says: “We are delighted to partner with a technology provider equipped to deliver the latest digital tools and capabilities as we build out our UK business.
“SS&C’s global expertise, as well as its extensive experience in Europe, will enable our team to ensure we deliver a consistent, high-quality digital experience to our investors worldwide.”
Spencer Baum, head of client service and relationship management at SS&C GIDS, comments: “We are excited to collaborate with Capital Group on the launch of the new UK fund. Our goal is to enable our clients to seamlessly engage with their clients with the latest technology and service expertise. We look forward to working with Capital Group to help make their latest offering a success.”
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