State Street launches back-office services unit for real estate and infrastructure funds
Service will provide real-estate and infrastructure funds with back-office investment services.
Fund Administration
Apex completes Deutsche Bank alternative fund services acquisition
Apex Group finalises deal which adds $170 billion in assets under administration to its business.
Fund Forum review: Asset managers looking to be green and lean
Our round-up of Fund Forum Berlin looks at how asset managers are looking to factor in ESG to their strategies, while the technology debate of cost vs reward rumbles on.
SS&C lands Australian fund deal following DST acquisition
Global Merces to use SS&C services in Australia which combines mutual fund administration business of ALPS.
Northern Trust adds to fund services technology
Northern Trust partners with Donnelley Financial Solutions to add financial statement creation to its fund services technology offering.
SIX chooses Clearstream to consolidate fund processing
SIX will consolidate fund processing with Clearstream’s Vestima platform.
Shift in private equity strategies encouraging outsourcing
New products and strategies at private equity firms will encourage further adoption of outsourcing, according to SS&C.
Apex becomes fifth largest administrator with Ipes acquisition
The deal will add $165 billion in assets under administration to Apex’s portfolio, while taking on 195 new clients.
Asset services not keeping pace with ETF growth, finds study
The ETF market has quickly emerged as a key battleground for custodians and fund administration to win new clients and mandates.
Hedge funds devote $59 billion to responsible investing
Responsible investing and ESG factors are increasingly becoming dominant in evaluating investment opportunities.