MUFG Fund Services currently uses a range of market data vendors for fixed income pricing, including Bloomberg, Thomson Reuters, Interactive Data and PricingDirect. However, the firm decided to add Markit as an additional source to provide more transparency and context behind prices used to calculate net asset values (NAVs) for its customer base of more than 1,100 alternative funds.
"We are not switching out any of our other vendors, but rather we are bringing on another source to compete with o
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