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Fund services news

Thomas Miller Investment chooses SuMi Trust for funds


13 August 2015 Dublin
Reporter: Stephanie Palmer

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Image: Shutterstock
SuMi Trust has announced three new sub-funds on GlobalReach New Vision Strategies fund, its Irish UCITS platform jointly sponsored with Tregunter Management Limited.

The new funds are managed by Thomas Miller Investment, a wealth manager for private and institutional clients, and have moved from existing offshore structures. They include a diversified assets fund, a dollar bond fund and a sterling bond fund.

SuMi Trust will provide administration, accounting, trustee, depository and custody services for the sub-funds.

Karl McEneff, chairman of SuMi TRUST in Ireland, said: “The Thomas Miller Investment partnership with SuMi TRUST reflects our long history and notable expertise in supporting UCITS and UCITS-equivalent fund structures.”

“SuMi TRUST has been one of the fastest growing Dublin-based fund administrators over the past 12 months, a testament to our full service capability, personalised client approach and committed support for asset managers of all sizes and across multiple strategies."
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