Thomas Miller Investment Selects SuMi Trust For Three UCITS Funds

Aug 13 2015 | 2:41pm ET

Thomas Miller Investment has teamed with SuMi TRUST Global Asset Services to launch three new UCITS funds on the GlobalReach New Vision Strategies Fund, an Irish UCITS fund platform jointly sponsored with Ireland’s Tregunter Management. 

The new funds are managed by Thomas Miller, while SuMi TRUST will provide administration, accounting, trustee, depositary and custody. The three sub funds, which consist of a diversified assets fund, a U.S. dollar bond fund and a sterling bond fund, have reportedly transitioned from existing offshore structures.  

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

“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, personalized client approach and committed support for asset managers of all sizes and across multiple strategies," he added. 

In a recent example of that growth, SuMI TRUST won a mandate a week ago from Japan’s Nikko Asset Management for the administration of twelve funds. 

SuMi TRUST Global Asset Services is an established provider of operational and administration support services to institutional quality asset managers in Europe, the U.S. and Asia, and has been providing fund administration, fiduciary, trustee and depositary services to Irish- and Cayman-domiciled funds since 1990.

Tracing its heritage back to 1885, U.K.-based Thomas Miller Investment manages more than £2.9 billion in assets across a wide variety of vehicles.

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