New York based global fund administrator Fundadministration, Inc. has announced today its rebranding to Mainstream Fund Services, Inc.

Mainstream Fund Services, Inc., part of Mainstream Group Holdings, Limited (ASX: MAI) (Mainstream Group), provides fund administration services to 719 funds, with $123 billion in assets under administration.

Fundadministration, Inc. was established in New York in 1999 as an independent (boutique) administrator dedicated to providing accurate, timely and comprehensive accounting and administration solutions to asset managers. Fundadministration Inc. supports clients across multiple asset classes and strategies including equities, foreign exchange, CTA, multistrategy, fixed income, corporate credit, asset backed securities, real estate, lending strategies and many others. Its clients are diversified in size and scope of services.

In 2016 Fundadministration, Inc. became a wholly owned subsidiary of the Mainstream Group. Commenting on the rebrand, Chief Executive Officer of the America’s Denise DePaola said “Our new branding and global operating model reflect our commitment to clients and staff. We continue to be agile and efficient, always adapting to ongoing changes in the financial services sector in the United States and abroad. We are excited about the roll out across the globe.”

Mainstream Group is Australia’s largest locally owned fund administrator and top 10 globally based on assets under administration. Our 217+ employees support over 105,000 investors and 251 clients within  11 offices in 8 countries across Asia-Pacific, Europe, North America and the Caribbean.