MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, November 18, 2004 Cincy Fund Firm Outsources Distribution Cincinnati, Ohio-based Summit Mutual Funds is expanding a relationship with U.S. Bancorp Fund Services to outsource more of its operations. The $6 billion money manager will tap USBFS and USBFS subsidiary Quasar to distribute and provide sales support; USBFS currently provides transfer agent and fund accounting services for Summit. “Our selection was also influenced by USBFS’s unique consultative approach, which will generate a solution customized to support our specific goals," stated Dave Mazza, director of distribution platforms for Summit. Mazza did not immediately return a call seeking further information on the decision. USBFS is based in Milwaukee, Wisconsin. Printed from: MFWire.com/story.asp?s=8473 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |