HSBC to provide suite of services to Premia BOCHK’s Saudi ETF
Custodian will provide front-to-back servicing capabilities for the new fund and an on-the-ground presence in the Middle East and Asia.
Fund Administration
Fund services round-up: Apex Group, IQ-EQ, Citco, Ultimus and more…
This week’s fund services round-up features Apex Group, IQ-EQ, Citco, Ultimus, Suntera Global, Imperium Group and Langham Hall.
Ultimus mandated by ProShares for administration of 116 mutual funds
Under the mandate, Ultimus will provide full-service support including fund accounting, tax, and regulatory services across ProShares’ mutual fund complex.
BNP Paribas completes integration of HSBC hedge fund admin business
Client and staff migration follows 2023 agreement to absorb hedge fund servicing unit.
U.S. Bank taps Fenergo for investor onboarding overhaul
The partnership aims to digitise and streamline onboarding as part of wider client lifecycle transformation.
Fund services round-up: SS&C, U.S. Bank, Suntera Global and more…
This week’s fund services round-up features SS&C GlobeOp, U.S. Bank, Suntera Global, Euroclear and Apollo, Ultimus Fund Solutions, Yealand Fund Services, TMF Group, and Ogier Global.
GIC takes minority stake in Citco in strategic tie-up
Partnership will see the Singapore-based sovereign wealth fund support Citco as it continues to scale its offering.
Northern Trust appointed by $150bn Partners Group to support launch of first private credit LTAF
Mandate covers fund administration, depositary and banking services for Partners Group’s debut UK long-term asset fund.
Ultimus Fund Solutions secures new backing from Stone Point
The deal will see Stone Point take joint control of the company with GTCR, with equal governance.
U.S. Bank names new lead for Investment Services division
Former Citco, Citi and BNY executive will head up newly merged global fund services and corporate trust teams.