International Financial Data Services has announced that it has completed the conversion and integration of the Henderson Global Investors open and closed end fund ranges.

Henderson Global Investors has consolidated and outsourced its investor record-keeping and transfer agency to IFDS on a full-service basis, including servicing of distributors and financial institutions, along with the investor and adviser call centre for its UK range of open and closed end funds.

The IFDS group of companies, along with State Street, provides market-leading transfer agency and investor record-keeping solutions for a wide range of institutions, distributors, advisors and investors in Australia, Canada, Germany, Hong Kong, Ireland, Italy, Luxembourg, Singapore, Switzerland, the UK and the US.

Alan Hardgrave, Chief Operating Officer, Henderson Group, commented: “The transition to IFDS, in conjunction with our rebranding exercise, completes the integration of New Star for our UK Retail business. The transition has been a great success and involved extensive effort and planning by everyone involved to complete on time. We are excited about our new relationship with IFDS and look forward to working with them to deliver exemplary client service.”

Simon Hudson-Lund, Chief Executive Officer - IFDS, commented: ”We are delighted to have completed the transition of the Henderson business to IFDS and support the integration of the Henderson and former New Star fund ranges to a single administration platform here at IFDS . The Henderson funds will now be able to benefit from our award-winning range of customer, advisor and distributor administration services. The decision by Henderson to award IFDS their transfer agency business is testament to the quality of our services and the skill and professionalism of our workforce. We look forward to working closely with Henderson as they expand and evolve their business.”