HSBC Securities Services (HSS) has announced that it has transitioned J O Hambro Capital Management’s onshore OEIC range of funds (£670m) onto its strategic custody and fund administration platform. HSS will also be offering a full range of trustee services to the funds.
Helen Vaughan, operations director, J O Hambro Capital Management, comments, "We have been reviewing our suppliers for our on-shore funds for the last 12 months and HSS was chosen because it demonstrated an in-depth knowledge of our requirements."
"With HSBC we have improved the quality of our investment trust services, increased operational gearing, migrated onto a modern integrated administration system, reduced key-man risk and restored our ability to respond quickly and reliably to clients' needs," she adds.