UMB Fund Services Partners with FUSE Research Network to Release Second Annual Comprehensive Report on Unlisted Closed-End Funds
UMB Financial Corporation (UMBF)
Last umb financial corporation earnings: 4/28 05:00 pm
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Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)-- UMB Fund Services (UMB) released its second annual comprehensive report on unlisted closed-end funds (CEFs), including interval and tender-offer funds today. The research was conducted by FUSE Research Network (FUSE). Key elements of the study include number of funds and rankings, sizing and number of unique funds offered and in registration. “Unlisted closed-end funds continue to accelerate in popularity, especially in the interval fund space,” said Maureen Quill, president of UMB Fund Services. “At UMB, after more than 20 years in this space, we are excited to partner with FUSE to release the second report on CEFs to not only inform our clients, but the industry as a whole as these products continue to develop.” Quill adds “The report issued this year further confirms unlisted CEFs are a viable option for both retail investors and investment managers. W
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