Nottingham, an investment administration firm providing turnkey accounting and portfolio record keeping services for hedge funds and mutual funds, has added 10 r new mutual funds from three fund families to its platform.
The new funds include the Arin Large Cap Theta Fund; FMX Funds (ISM Non Traditional Fund; ISM High Income Fund; ISM Strategic Equity Fund; ISM Strategic Fixed Income Fund; ISM Global Alpha Tactical Fund; ISM Tax Free Fund; ISM Dividend Income Fund; and the ISM Premier Asset Management Fund); and the Matisse Discounted Closed-End Fund Strategy.
“With the equity markets having posted solid returns so far this year, we are seeing a substantial uptick in inquiries and new fund launches,” said Kip Meadows, Nottingham’s founder and Chief Executive Officer. “There is interest from both existing fund families expanding their product offerings, and from advisors who want to get into the fund business. We continue to see hedge fund managers interested in starting 40-Act funds as well.”
Nottingham currently administers more than $30 billion in assets.