Longleaf Partners Funds
has signed on with mutual fund service provider PFPC
. Since switching from NFDS, which offers comparable services, Longleaf has added e-commerce capability in account balance look-up and internet transactions.
With the new contract, PFPC adds 27,000 shareholder accounts to the more than 41 million accounts it already services.
"Longleaf Partners Funds recognized PFPC's ability to provide superior services linked with innovative technological solutions to help us maximize service to our shareholder partners," said Julie Douglas
, executive VP at Longleaf. As for expansion of the company's e-commerce offerings, citing the interest shared by the mutual fund industry, Douglas cautiously adds, "We continue to evaluate those as we go down the road."
Stay ahead of the news ... Sign up for our email alerts now