UMB announces the addition of former State Street executive to Investment Managers Series Trust board
June 22 2023 - 9:30AM
Business Wire
James “Jim” Ross brings over three decades of fund industry
experience to trustee board
UMB Fund Services announced today the addition of Jim Ross to
the Investment Managers Series Trust (IMST) Board of Trustees.
Ross joins the board with more than 30 years of experience
managing and marketing ETFs, mutual funds, and managed accounts. He
spent two decades at State Street Global Advisors (SSGA) in various
leadership roles, most recently as chairman of the Global SPDR
Business where he led SSGA's positioning on important issues
related to ETFs and was responsible for advancing SSGA's long-term
ETF strategy and innovation.
“Jim’s extensive background in the asset management industry
makes him a natural fit to join UMB’s IMST board,” said Maureen
Quill, UMB executive director, registered funds. “The trust has
grown tremendously since its inception in 2007, and we’re excited
to welcome him to the team.”
Ross currently serves as president and CEO of Winnisquam Capital
LLC. In addition, he serves as non-executive chairman and audit
committee chair for Fusion Acquisition Corp II. He previously held
the same roles for Fusion Acquisition Corp I. He holds numerous
other board positions including SPDR Series Trust 40 Act Board and
Select Sector SPDR Trust 40 Act Board, which manage over 140 SPDR
ETFs combined.
“Joining UMB’s board of experienced professionals was an easy
decision,” said Ross. “I look forward to hitting the ground running
and using my ETF experience to assist IMST’s clients and inform the
board’s strategy.”
The IMST is offered by UMB Fund Services to support managers in
launching a mutual fund or ETF. It is a turnkey, cost-effective
program that enables managers to launch and operate a fund quickly,
while benefiting from the expertise of the trust’s board and
service providers.
Ashley Rabun, chairwoman of the board, added, “Jim is an
outstanding addition to our board and we are excited to work with
him going forward.”
To learn more about why fund managers are leveraging the
multiple series trust structure visit the UMB blog.
About UMB:
UMB Financial Corporation (Nasdaq: UMBF) is a financial services
company headquartered in Kansas City, Missouri. UMB Bank, N.A.
offers commercial banking, which includes comprehensive deposit,
lending and investment services, personal banking, which includes
wealth management and financial planning services, and
institutional banking, which includes asset servicing, corporate
trust solutions, investment banking, and healthcare services. UMB
operates branches throughout Missouri, Illinois, Colorado, Kansas,
Oklahoma, Nebraska, Arizona and Texas, and serves business and
institutional clients nationwide. For more information, visit
UMB.com, UMB Blog, UMB Facebook and UMB LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20230622932671/en/
For more information please contact: Kaele Palmer, 202.276.2471
Kaele.palmer@umb.com
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