Ultimus collaborates with PlanRock 27 September 2024US Reporter: Klea Neza
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Ultimus Fund Solutions has partnered with PlanRock Investment Management to assist the firm in successfully launching its first two actively managed exchange traded funds (ETFs).
PlanRock enlisted Ultimus as fund administrator with an aim to help expedite the launch process and expand its product offerings to investors.
Ultimus provided PlanRock with a turnkey solution, supporting the fund launches with comprehensive project management skills, access to an established series trust, and a hands-on, experienced team of industry professionals.
PlanRock CEO Stephen Hammers’ historical experience in the ETF landscape, combined with Ultimus' customised end-to-end service model, made the launches seamless and efficient, note the firms.
Hammers comments: “We are grateful that Ultimus helped us launch two ETFs in such a short amount of time.”
Kevin Wolf, executive vice president and head of Fund Administration and Product at Ultimus, says: “It’s so inspiring to have full confidence in our team to provide flexible solutions that fit each client’s specific needs. We’ll continue to help our partners expand their product line up by offering quality fund administration and middle office solutions perfectly tailored to their needs.”
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