Investment Servicing
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Investment Services and Support

Local Government Pension Scheme (LGPS)

Pooling with Tax Transparent Funds

In July 2013, the UK introduced its own version of a “tax transparent fund,” known as an Authorised Contractual Scheme (ACS). Introduced partly to compete with similar tax transparent vehicles in other European markets, ACS gives investors the opportunity to pool assets within a single portfolio. The benefit? Cost efficiencies, streamlined management and the ability to take advantage of economies of scale.

As you look to pool your assets we’re here to help. We’ve been servicing tax transparent structures since 2004 and currently administer multiple ACS funds. These include multi-class and multi-manager structures across a broad spectrum of asset classes, investment markets and investor profiles.

Working with you, we use our end-to-end solution to design, launch and support the administration of bespoke ACS structures.

Using our comprehensive solutions, we can help with:

  • Accounting
  • Administrative services
  • Custody
  • Depositary
  • Transfer agency

What’s more, our agile platform can adapt to help you keep up with a changing regulatory environment. And because our technology is fully integrated into our proprietary core custody and accounting platforms, you’ll have a speed-to-market advantage.

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