SOURCE: Beacon Hill

Beacon Hill

December 15, 2009 12:06 ET

Asset Management Funds Selects Beacon Hill Fund Services, Inc.

COLUMBUS, OH--(Marketwire - December 15, 2009) - Beacon Hill Fund Services, Inc. is pleased to announce it has been selected by Asset Management Funds (AMF) to provide Chief Compliance Officer Services, Treasurer/Principal Financial Officer Services, and Governance and Regulatory Oversight Services to the funds. AMF are a family of seven open-end mutual funds consisting of six fixed income funds and one equity fund. Shay Assets Management, Inc. of Chicago serves as Investment Advisor, while Shay Financial Services, Inc. serves as the Funds' Principal Underwriter and Distributor.

"While we were very familiar with and extremely comfortable with some of the personnel at Beacon Hill, it is their combination of specific industry expertise in the areas of compliance and treasury oversight and reporting, as well as the overall general knowledge and depth of the entire Beacon Hill team regarding mutual fund services best practice that make them a natural choice for AMF," said Roger D. Shay, Jr., President of AMF as well as Shay Assets Management, Inc. "We have known the Shay organization for many years and some of the members of our team have previously served the Funds in various capacities as well. As a result, we are extremely pleased to have AMF select Beacon Hill to proceed forward with them in the next steps of their growth and success," said Scott Englehart, President of Beacon Hill Fund Services, Inc.

Beacon Hill is a provider of management and support services to the investment management industry and its regulated investment company products. Beacon Hill specializes in providing experienced industry personnel to serve as Fund Chief Compliance Officer and Chief Financial Officer (CFO/Treasurer); business management, compliance, and regulatory oversight for regulated investment company products (mutual funds, registered alternative funds and exchange traded funds); and serving as Principal Underwriter and Distributor through BHIL Distributors, Inc.

For more information on Beacon Hill Fund Services, Inc., visit www.b-hill.com

Contact Information

  • Contact:

    Scott Englehart
    President
    Beacon Hill Fund Services, Inc.
    614-255-5545
    Email Contact