BNY expands ETF servicing relationship with DoubleLine
Investment manager selects BNY for US-listed ETF support as firms complete multi-stage operating model transition.
Funds industry
Northern Trust chosen by Dawson Partners for fund services mandate
Appointment expands Northern Trust’s support for alternative asset managers with complex private market strategies.
Fund services round-up: IQ-EQ, Apex, Alchelyst and more…
This week’s fund services round-up features IQ-EQ, Apex Group, Alchelyst, SEI, Aztec, FundBank, Finbourne Technology and Bunch.
CACEIS issues euro stablecoin with first tokenised Amundi fund transaction
EURXT used in first euro stablecoin settlement of tokenised UCITS money market fund subscription.
BNY supports Baillie Gifford on launch of UK native tokenised fund
BAGEY introduces a fully native on-chain OEIC structure, with public blockchains serving as the legal record of ownership for a short-duration corporate bond strategy.
CACEIS partners on tokenised money market fund pilot
Alongside Amundi and Ant International, the custodian has launched tokenised share classes for a money market fund as part of wider efforts to explore blockchain-based treasury and liquidity management tools.
Standard Chartered secures Saudi approval for investment management and fund operations
Authorisation expands the bank’s onshore capabilities as institutional participation in the Kingdom’s capital markets continues to grow.
Clearstream and Ares to expand private markets access via fund platform
Partnership aims to streamline access to private market strategies through existing distribution infrastructure.
HSBC assumes fund servicing role in CSOP tokenised money market ETF
Bank acts as tokenisation agent, trustee and registrar as Hong Kong tests blockchain-based fund infrastructure.
Apex Group supports launch of Luxembourg tokenised real estate fund
Structure brings together Apex Group, Archax, Goldman Sachs and Ownera as tokenisation activity continues to evolve across private markets.