U.S. Bancorp Fund Services

Originally the fund services division of U.S. Bancorp, this entity established itself as a major provider of administration, custody, and support services for a wide range of investment funds, including mutual funds, hedge funds, and private equity. In 2020, U.S. Bancorp sold the division to Mitsubishi UFJ Trust and Banking Corporation (a consolidated subsidiary of MUFG). The business was subsequently integrated into MUFG's existing asset servicing operations and now operates globally under the brand name "MUFG Investor Services," providing comprehensive solutions for asset managers, including fund administration, custody, financing, and middle-office outsourcing.