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Rating:A Fund Company Outsources Admin Duties Not Rated 5.0 Email Routing List Email & Route  Print Print
Tuesday, June 02, 2009

A Fund Company Outsources Admin Duties

News summary by MFWire's editors

Diamond Hill Funds selected Beacon Hill Fund Services to provide underwriting and distribution to its family of seven funds this Monday. Diamond Hill currently has approximately $2.5 billion in assets under management.

Company Press Release

Beacon Hill Fund Services, Inc. is pleased to announce they have been selected by Diamond Hill Funds to provide Principal Underwriter and Distribution services to the Funds. Diamond Hill Funds is an open-end mutual fund complex consisting of seven investment portfolios with approximately $2.5 billion in assets under management.
�Beacon Hill represents a company with the specific industry expertise that we look for in a partner, as well as an organization with the size, flexibility, and creative talent of an entrepreneurial organization much like our own firm�, said James Laird, President of the Diamond Hill Funds and Chief Financial Officer of Diamond Hill Capital Management, the Fund's investment advisor.

Beacon Hill is a provider of management and support services to the investment management industry and its regulated investment company products. Beacon Hill specializes in serving as the Principal Underwriter and Distributor; providing experienced industry personnel to serve as Fund Chief Compliance Officer and Chief Financial Officer (CFO/Treasurer); and business management, compliance, and regulatory oversight for regulated investment company products ( mutual funds, registered hedge funds and exchange traded funds). 

Edited by: Meredith Mazzilli

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