Datum One Series Trust has announced a significant change in its investment management strategy by filing a preliminary proxy statement to seek shareholder approval for a new investment adviser. The trust plans to transition from Brandes Investment Partners, L.P. to Breckinridge Capital Advisors, Inc. This move is aimed at enhancing the management of the Brandes Separately Managed Account Reserve Trust, which is a series of Datum One Series Trust.
The special meeting of shareholders is scheduled for December 8, 2026. Shareholders of record as of October 29, 2026, will be entitled to vote on this important proposal. The Board of Trustees has unanimously approved the change and recommends that shareholders vote in favor of the new investment management agreement.
Breckinridge Capital Advisors, founded in 1993 and based in Boston, manages approximately $54.2 billion in assets as of September 30, 2026. The transition is designed to support continuity in the Fund’s investment management while leveraging Breckinridge’s extensive resources in fixed-income portfolio management, research, and trading.
The current adviser, Brandes Investment Partners, has agreed to facilitate this transition, which includes the transfer of certain members of its fixed-income investment team to Breckinridge. The proposed change reflects a strategic alignment with Breckinridge’s capabilities and is intended to enhance the Fund's performance.
Upon approval, the Brandes Separately Managed Account Reserve Trust is expected to be renamed to reflect its new management. The investment objectives and strategies will remain unchanged, ensuring that the trust continues to meet the needs of its shareholders.
The filing, with accession number 0001398344-26-018591, provides essential details about the upcoming meeting and the proposed changes. Shareholders are encouraged to review the proxy statement and participate in the voting process to ensure their voices are heard.
As the investment management landscape continues to evolve, this transition may set a precedent for other firms considering similar strategic shifts to enhance their operational effectiveness and investment outcomes.