Butterfield Fulcrum, a hedge fund administrator and service provider, will expand its Halifax workforce by up to 150 new jobs. The company is also designating its Halifax office as a global center of excellence.
Butterfield Fulcrum was recently acquired by Mitsubishi UFJ Trust and Banking Corporation (MUTB). “Backed by the strength of MUFG, we expect to add numerous additional client services in the near future, including banking, custody, trust, foreign exchange and securities lending,” said Tim Calveley, deputy CEO of Butterfield Fulcrum.
Of the decision to establish a center of excellence in Halifax, managing director Ben Rivard said: “Halifax has worked out really well in providing us with a solid financial services workforce that is helping us better serve our international clients—the province’s universities and colleges have ensured we have access to the best and the brightest. Many of our largest clients, who are some of the most successful hedge funds in the world, are serviced from our Halifax office.”
Butterfield Fulcrum Establishes Halifax Center of Excellence
Butterfield Fulcrum, a hedge fund administrator and service provider, will expand its Halifax workforce by up to 150 new jobs. The company is also designating its Halifax office as a global center of excellence.