SG Hiscock selects FundBPO for fund administration

Martin Smith

Martin Smith

Multi award-winning boutique fund manager SG Hiscock & Company has appointed FundBPO as the new fund administrator and unit registry provider of its Australian equities and property securities funds.

Under the arrangement FundBPO will provide fund administration and registry services to 16 SG Hiscock funds and more than 2,900 investors. The funds all follow the manager’s high-conviction active management approach and include their highly regarded Australian and global REITS (Real Estate Investment Trusts).

SG Hiscock Chairman and Managing Director, Stephen Hiscock, said the decision followed a comprehensive review of the $2.8 billion manager’s fund administration services and marketing.

“We were looking for an administration specialist with market leading capabilities that will further invest in developing future proficiencies for our investor services. We assessed FundBPO as the ‘best fit’ administrator for the current and future needs of our funds.” Mr Hiscock said.

FundBPO will support SG Hiscock’s funds by packaging its registry service, which went live this week, with unit pricing and fund accounting to provide a holistic back office solution. FundBPO is also providing the boutique investment manager with its own branded retail and institutional unit registry investor site as well as an integrated service for mFunds, XPLAN reporting and Calastone.

“FundBPO’s recent experience with large-scale complex transitions gave us confidence in their ability to grow with our funds. We expect their support, alongside our new revamped website which also went live this week, to enhance the service we can offer our investors.” said Mr Hiscock.

Martin Smith, Chief Executive Officer of FundBPO, added “FundBPO is pleased to welcome SG Hiscock as a client. Being selected by such a high calibre manager confirms our strong positioning in the fund administration and unit registry market. We work hard to understand market needs and develop tailor-made solutions for our clients.”

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