BBH launches new liquidity management tool
30 May 2024 US
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Brown Brothers Harriman (BBH) announces its new automated liquidity management tool (LMT), aiming to support asset managers in both the traditional and alternative funds space.
The tool allows asset managers to oversee multiple fund liquidity scenarios based on investor flows, and offers online projections of a fund’s liquidity needs.
Manuel Dienhart, global head of Transfer Agency at BBH, says: “LMT will offer managers a digital solution to manage their funds’ liquidity. It takes what was once a manual and risky offline process, and turns it into straight through automation, helping managers meet regulators’ expectations.”
Lata Vyas, head of European Alternative Funds at BBH, says: “For asset managers, GPs and management companies who oversee these portfolios, establishing an appropriate redemption policy and managing the ongoing liquidity needs of a broad spectrum of investors requires tools to be in place that are visible to regulators.”
The tool allows asset managers to oversee multiple fund liquidity scenarios based on investor flows, and offers online projections of a fund’s liquidity needs.
Manuel Dienhart, global head of Transfer Agency at BBH, says: “LMT will offer managers a digital solution to manage their funds’ liquidity. It takes what was once a manual and risky offline process, and turns it into straight through automation, helping managers meet regulators’ expectations.”
Lata Vyas, head of European Alternative Funds at BBH, says: “For asset managers, GPs and management companies who oversee these portfolios, establishing an appropriate redemption policy and managing the ongoing liquidity needs of a broad spectrum of investors requires tools to be in place that are visible to regulators.”
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