Phoenix Fund Services has won the contract to provide the fund accounting and transfer agency services for Darwin Investment Management. Darwin has also contracted to install Phoenix’s proprietary front office system AFOS. Thesis, the specialist ACD provider, are to act as the ACD for the TM Darwin Multi-Asset Fund.
David Jane, founder of Darwin Investment Management, commented “Darwin is delighted to be working with Thesis as an established specialist ACD and Phoenix with its track record of supporting the growth of boutique fund managers. The comprehensive nature of the service provided by Phoenix, notably its securities and middle office administration, allied with its proprietary software offer real value to Darwin. Whilst the benefits of working with a specialist ACD independent of the fund’s administrator are self evident.”
