Huntington Asset Services is providing fund administration, accounting, custody, transfer agency services and strategic distribution support for Meritage Portfolio Management's Value Equity, Growth Equity and Yield-Focus Equity funds.
Huntington Asset Services first entered the series trust market in 1998 and has three series trusts: Unified Series Trust, Valued Advisers Trust, and Capitol Series Trust. These series trusts provide investment advisers with an efficient and cost-effective solution for starting a fund or series of funds.
By leveraging existing investment company structure and its economies of scale, fund managers can focus on their core competencies of investment management and growing their business.
Huntington will also provide Meritage with strategic distribution services.
"Huntington is a great fit for Meritage," says Diarmuid Boran, Meritage managing director of business development. "In addition to having the knowledge and expertise to help us launch our mutual funds, Huntington is also providing strategic distribution capabilities which significantly increase our ability to grow our funds. Huntington's combination of capabilities stood out and was the key for us selecting them as our partner. We are excited about the opportunity we share with them."
