PPM America (PPM) has selected UMB Fund Services to provide transfer agency and blue sky services for nine recently launched mutual funds for institutional investors.
Transfer agency services include establishing and maintaining investor accounts and communicating with shareholders.
“We are excited to partner with UMB Fund Services to provide high-quality service to our clients, and we look forward to continuing to build our partnership as we grow,” says Michael Markowitz, Head of Business Development at PPM America. “Our experience with UMB Fund Services has been outstanding and we are confident in their ability to provide industry-leading customer service.”
The new funds include the following fixed income offerings: PPM Core Plus Fixed Income Fund (PKPIX), PPM Credit Fund (PKDIX), PPM Floating Rate Income Fund (PKFIX), PPM High Yield Core Fund (PKHIX), PPM Long Short Credit Fund (PKLIX), PPM Strategic Income Fund (PKSIX), plus the following equity offerings, PPM Large Cap Value Fund (PZLIX), PPM Mid Cap Value Fund (PZMIX), PPM Small Cap Value Fund (PZSIX).
“We are pleased to be selected by PPM to provide transfer agency services for their nine newly launched mutual funds,” says Maureen Quill (pictured), president of UMBFS. “We look forward to supporting their growth as they enter the mutual fund space and sharing our many years of experience to support their success.”
