Huntington Asset Services to Provide Support for Launch of Longview Capital Management's First Mutual Fund
COLUMBUS, Ohio & INDIANAPOLIS--(BUSINESS WIRE)-- Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com), announced it will assist Longview Capital Management LLC with its first mutual fund offering. The Delaware-based investment firm will offer a new mutual fund that will be serviced through Huntington Asset Services' Valued Advisers Trust. Huntington Asset Services is a leading provider of fund administration and accounting, as well as distribution and transfer agency services.
"We are pleased to help a respected investment firm like Longview Capital Management LLC launch its first mutual fund," said Brian L. Blomquist, president of Huntington Asset Services. "Longview's investment strategy and expertise is well respected in the industry, and Huntington is appreciative of the confidence being shown in our people and our solutions."
Christian M. Wagner, Longview Capital's chief executive officer and chief investment officer, said, "We selected Huntington Asset Services for its experienced team of professionals, extensive history of fund management and turnkey solutions. The series trust solution, the Valued Advisers Trust, was a perfect fit for our plans for the fund. In a competitive marketplace, it's important for an investment advisor to focus on the investment process and growth. Huntington's service model allows us to do just that."
This represents the seventh advisor to launch its fund within this trust since its inception. Huntington Asset Services serves more than 20 advisors within its two series trusts.
About Huntington Asset Services
Huntington Asset Services, Inc., a subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com), has been providing mutual fund service solutions for more than 40 years. Huntington's fully integrated services include fund administration, accounting, transfer agency, compliance, distribution and custody for clients with combined assets of more than $45 billion. Huntington's comprehensive solutions support both standalone and series trust structures. Based in Indianapolis, Huntington Asset Services, Inc. and Unified Financial Securities, Inc. are wholly owned subsidiaries of Huntington Bancshares Incorporated (NASDAQ: HBAN), a $53 billion regional bank holding company headquartered in Columbus, Ohio. More information is available at www.HuntingtonAssetServices.com.
Huntington Bancshares Incorporated is a $53 billion regional bank holding company headquartered in Columbus, Ohio. Huntington National Bank, founded in 1866, provides full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; equipment leasing; wealth and investment management services; trust services; brokerage services; customized insurance brokerage and service programs; and other financial product and services. The principal markets for these services are Huntington's six-state banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of over 600 traditional branches and convenience branches located in grocery stores and retirement centers, and through an array of alternative distribution channels including internet and mobile banking, telephone banking, and over 1,300 ATMs. Through automotive dealership relationships within its six-state banking franchise area and selected New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers.
The logo mark and Huntington(R) are federally registered service marks of Huntington Bancshares Incorporated. (C) 2011 Huntington Bancshares Incorporated.
Source: Huntington Bancshares Incorporated
Released July 19, 2011