SS&C sees private equity services head for EMEA depart
Private equity services veteran of SS&C and Citi takes on new role in London.
Fund Administration
Irish asset servicing industry grows 10% as Northern Trust becomes second largest provider
State Street remains the largest asset servicer in Ireland, but Northern Trust leapfrogs BNY Mellon into second place.
Active ETFs gather momentum as asset managers eye mutual fund conversion
Brown Brothers Harriman is working with Guinness Atkinson Asset Management for the first conversion of two mutual funds to become active ETFs.
Northern Trust selected by Osmosis to support fossil fuel-free fund
Asset servicing solutions to support launch and distribution strategy for $2 billion sustainable investment manager.
State Street to provide fund admin for VanEck Bitcoin ETF
The VanEck Bitcoin Trust is one of the most hotly anticipated crypto-tracking ETFs following several attempts by the investment manager to launch the fund.
IQ-EQ expands global funds division into Ireland
New appointments and a team transition for IQ-EQ as it sets up an Irish funds business.
UK looks to create fund regime to rival EU competitors
The UK has potential to reinvent its image post-Brexit, despite facing passporting challenges in the short-term, say experts.
Arcesium to automate treasury operations for UK hedge fund Broad Reach Investment Management
The hedge fund will utilise Arcesium’s modular Treasury suite to scale its treasury functions and bring new controls into its collateral management workflows.
Securities services revenue decline in 2020 was not as severe as expected
Overall securities services revenues dropped only marginally in 2020 compared with 2019, with fund services sector even producing record returns.
U.S. Bank creates new chief commercial officer role to build on Luxembourg fund services expansion
The former State Street and Maitland veteran will be responsible for connecting investment managers with its newly launched Luxembourg alternatives funds services business.