Press release
SS&C ALPS Advisors Adds Two New Funds to the Smith Capital Line Up
WINDSOR, Conn. and DENVER, Sept. 15, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that ALPS Advisors, Inc. has
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"WINDSOR, Conn. and DENVER, Sept. 15, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that ALPS Advisors, Inc. has launched two funds with Smith Capital Investors, the ALPS | Smith Credit Opportunities Fund and the ALPS | Smith Balanced Opportunity Fund.\n\"The ALPS | Smith Capital partnership has established a strong track record, with outperformance and asset growth continuing in a difficult environment. Assets in our two original strategies now approach $1.5 billion,\" said Laton Spahr*, Portfolio Manager and President of SS&C ALPS Advisors. \"We are committed to delivering funds that can improve investment outcomes for our clients. Both of these funds offer actively managed, dynamic approaches to provide risk-adjusted returns and income.\"\nThe ALPS | Smith Credit Opportunities Fund is designed to provide access to opportunities across the full breadth of the credit markets. Primary holdings are in corporate investment-grade, high-yield, and bank loans, with additional holdings in securitized assets, preferred stock, among other income-producing securities. The fund seeks to provide current income with a focus on risk-adjusted returns, employing an active and dynamic approach to managing across a variety of market cycles.\n\"We created the ALPS | Smith Credit Opportunities Fund to give investors access to a comprehensive multi-sector credit strategy run by a team with decades of credit expertise,\" said Gibson Smith*, Founder and Chief Investment Officer of Smith Capital Investors. \"The flexibility enables us to pursue income-generating opportunities within the credit markets and employs our philosophical focus on active management and risk-adjusted returns.\"\nThe ALPS | Smith Balanced Opportunity Fund invests in a balanced portfolio of equities and fixed income securities to provide risk-adjusted returns, capital appreciation and income for investors. The fund employs a flexible and dynamic asset allocation approach to position the portfolio for market risk factors, contextual concentration and fundamental opportunity. The strategy employs an active, total return-focused investment process. The equity portion consists primarily of stocks determined to have a high or improving return on invested capital (\"ROIC\"), while the fixed income portion consists of a core portfolio focused on pr...