Sign up for free newsletter


Mutual funds

DST now serving over 1.5 million retail alternative investment accounts

DST Systems’ US Investment Recordkeeping solution is now supporting over 1.5 million accounts in the alternative investment space.

DST, the largest provider of third-party shareholder recordkeeping services in the mutual fund industry, also supports a full range of retail alternative investment products, including institutional and retail hedge funds, closed end interval funds, business development companies, managed futures, limited partnerships, and non-traded Reits.

"Companies in the financial services market have long depended on DST's industry experience, technological expertise, and service excellence to help them grow their businesses," says Chris Shaw, operations officer for DST's US Investment Recordkeeping unit. "This remains true in a world that is quickly embracing new forms of alternative investment products."

Michael Forman, chief executive of Franklin Square Capital Partners, a sponsor and distributor of alternative investment products, says the milestone reflects increasing investor and adviser adoption of non-traditional investments.

"Alternatives have been used by institutional investors for years due to their long-term return potential and diversification benefits," he says. "It's clear that individual investors and their advisers are looking to these unique and powerful investments for the same reason.”

Subscribe to free daily newsletter
Execution Trader- US Financial Firm – NYC Area

Wed, 02 Dec 2015 00:00:00 GMT

Investment Banking Analyst - NYC

Wed, 02 Dec 2015 00:00:00 GMT

Senior UNIX Systems Administrator/Engineer

Wed, 02 Dec 2015 00:00:00 GMT

23 hours 59 min from now - Dar Es Salaam
3 days 23 hours from now - Arizona
4 days 23 hours from now - São Paulo
4 days 23 hours from now - California
other gfm publications