Aspect Capital appoints Quintillion to new UCITS Fund
Release Date: March 16, 2011
Dublin, March 16, 2011 - Quintillion Limited has announced that it has been appointed as administrator to the Aspect Capital Limited ("Aspect") sponsored Aspect Diversified Trends Fund (the "Fund") which is UCITS III compliant and further their appointment as the Index Calculation Agent for the related Aspect Diversified Trends Index ("Index"). The Index tracks the performance of Aspect's managed futures Diversified Programme.
Quintillion provides full daily dealing NAV production on the Fund and its services include a three way line by line reconciliation of all positions and P&L between Quintillion, the appointed counterparties and Aspect. Quintillion values the Index on a daily basis and also provides all shareholder services for the Fund.
Brian Fitzgerald, senior manager of Quintillion’s accounting department said: “We are delighted to have been awarded the mandate for the administration of these products. This appointment demonstrates the continued success of our relationship with Aspect. We believe our intelligent use of technology enables Quintillion to effectively deliver the daily transparent reporting which Aspect and its fund investors require.”
Simon Rockall, Aspect's COO said: "Quintillion has provided excellent service to both Aspect and our fund investors since their first appointment as administrator to the Aspect Diversified Fund in February 2009 and they were the natural choice for Aspect and the Fund. Their approach fits well with Aspect's business and their accuracy and delivery is first rate."
These written press-related materials are not an offer of securities for sale in the United States. Securities in the Aspect Diversified Trends Fund may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as any financial statements.
Quintillion is a leading, independent hedge fund administration company. Launched in 2006, Quintillion provides clients with integrated middle and back office services. Further information: www.quintillion.ie