Thornburg picks SS&C to support ETF share class structure for two mutual funds
SSNC•Thornburg Investment Management selected SS&C to support its actively managed ETF share class structure. The mandate follows April launches of ETF share classes for two funds; Thornburg manages $62 billion in assets and its ETF lineup totals more than $860 million.
1. ETF share class support
SS&C will provide operational oversight, calculation, reconciliation, shareholder coordination and conversion processing for Thornburg’s ETF share class activity. The mandate follows April launches of ETF share classes for Thornburg American Opportunities Fund and Thornburg Focus Growth Fund.
