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Custody news

J.P. Morgan WSS mandated by SKY Harbor for custody


17 April 2012 New York
Reporter: Georgina Lavers

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Image: Shutterstock
J.P. Morgan Worldwide Securities Services (WSS) has been selected by SKY Harbor Global Funds, a Luxembourg registered UCITS IV investment company, to provide global custody, transfer agency, fund administration and fund accounting for SKY Harbor’s newly launched US High Yield and US Short Duration High Yield sub-funds.

SKY Harbor Capital Management, the investment advisor for the sub-funds, is a high yield fixed income specialist based in Greenwich, Connecticut. The sub funds will be registered in various European countries with a range of currency-hedged classes available for institutional investors.

“We are delighted about the opportunity to support SKY Harbor, especially as they gain market share and build their brand around the world,” said Robert Caporale, head of new business development, Americas, J.P. Morgan WSS.
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