Thornburg Selects SS&C to Support Its ETF Share Class Structure
SS&C announced that Thornburg Investment Management, a $62 billion investment firm, selected SS&C to support its ETF share class structure, covering operational oversight, calculation, reconciliation, shareholder coordination and conversion processing. Thornburg was among the first firms to win SEC exemptive relief for actively managed ETF share classes of its American Opportunities Fund (TAOZ) and Focus Growth Fund (TFGZ), which launched in April; Thornburg ETFs now hold more than $860 million in assets. The win is incremental to an existing SS&C relationship that already includes AI-supported distribution solutions, investor services, ETF distribution and mutual fund transfer agency.
Key figures
- Thornburg aum
- $62 billion
- Thornburg etf assets
- $860 million
AI analysis
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