Fundsmith Extends Transfer Agent Relationship with SS&C

Fundsmith and SS&C teamed up for the first time in 2010 when Terry Smith founded Fundsmith. SS&C provided fund administration technology and other services. Mark Laurence, COO, stated that "We are thrilled to extend our longstanding relationships with SS&C." The Fundsmith Equity Fund is currently the largest active equity mutual fund in Britain, with approximately 40,000 investors. SS&C's technology is the backbone of our online investment and MyAccount functionality. This allows retail investors to easily invest and manage their investments online. Damien Barry, Head EMEA, SS&C GIDS, stated that Fundsmith's relationship has been ongoing for 12 years. Terry Smith founded Fundsmith in 2010. It is managed and owned by its partners who have been working together for many years. Fundsmith is based in the UK and has affiliates in the USA, Mauritius, and the USA. It was designed to continue the same investment philosophy as Terry Smith's and survive Terry Smith's death. The firm has a substantial co-investment by all partners. This ensures that there is a clear alignment in interest. The Fundsmith team can focus on portfolio management, investment analysis and customer service while outsourcing ancillary activities to some of the best providers around the globe. SS&C provides services and software worldwide for the healthcare and financial industries. Founded in 1986 by SS&C, SS&C has offices all over the globe. SOURCE SS&C