In contrast to its predecessor, the second iteration of the AIFMD (Alternative Investment Fund Managers Directive) promises to be a lot more straightforward. Global Custodian looks at what changes AIFMD 2 could bring for the funds industry. 

The US-headquartered bank will provide global fund services, as well as portfolio accounting, performance measurement and data management solutions to Fred Alger Management.

Bank chooses data provider’s COSMOS platform for ETF service enhancements.

Predecessor remains on board of holding company.

Governing Council to decide in autumn whether to move to next phase of digital euro project.

Additional office on the Island will focus on private equity and private credit.

The asset servicer now handles all Kepler’s clearing and settlement, custody, reporting services for corporate brokerage, and securities lending.

Acceptance of secured deposits allows broader range of buy-side institutions to take part.

Major platform update will enable interoperability with other enterprise DLT platforms.

Market infrastructure expands board membership at AGM, with execs from BNP Paribas, Citi, RBC and Societe Generale among the new members.