MUFG Investor Services has hired a new executive director of business development to help drive sales for its mutual fund services.
Julie Jeffers-Flynn joins the asset servicing business of the Japanese bank, Mitsubishi UFJ Financial Group, where she will support its mutual fund platform, overseeing the management and awareness of MUFG’s 40 Act fund services expertise to mutual funds, exchange traded funds (ETFs), unit trust investments (UiT) and collective investment trusts (CITs).
“As investors look to diversify their portfolios with new products, including liquid alternatives, Julie will be an ideal partner for mutual fund clients responding to those changing demands,” said Michael Rucci, US president and CEO, MUFG Investor Services.
“Her extensive experience in the 40 Act fund space will provide long-term value for our clients as alternative investments continues to enter the mainstream.”
Jeffers-Flynn joins from Brown Brothers Harriman where she was a senior vice president of relationship management and sales for the investor services unit for 13 years.
She also served as a client executive of BNY Mellon’s investment management banking division, managing sales and relationships for US-based financial institutions.
MUFG Investor Services entered the US mutual fund scene in 2016 after it acquired Guggenheim Investment’s 40 Act mutual fund administration business, Rydex Fund Services, allowing it to cover the full range of alternative investment managers.