Apex looks to broaden its role across financial services following acquisitions
Fund administrator steps into custody, middle-office and corporate services, along with management company services through flurry of new acquisitions.
Fund Administration
Citi goes live with European ETF fund services
Citi recently launched Advanced Citi ETF System (ACES), a new tech platform automating the entire ETF front-to-back office lifecycle.
Northern Trust makes first use of smart contracts on private equity blockchain
Northern Trust launched its blockchain solution for private equity fund administration in 2017 and was awarded four US patents for digitising private equity.
Greater China on brink of ETF boom according to new research
Interest in Greater China ETF grows but investors await international access schemes.
MFEX completes acquisition of RBC I&TS’s Global Funds Platform
MFEX has gone live with the delivery of fund distribution services to RBC I&TS under a long-term partnership.
UK fund investors move £62 billion offshore for Brexit prep
Global custodians and fund administrators have bolstered their teams in Ireland and Luxembourg in anticipation of these new flows.
Asset owners are incorporating ESG strategies in line with UN sustainability goals
Over 90% of asset owners and managers believe more than 25% of their funds will be allocated towards ESG by 2021.
Northern Trust selected by US investment firm to help European expansion
The custodian will provide fund administration and depositary services for CCA's new Irish Collective Asset-Management Vehicle (ICAV).
Northern Trust appointed fund administrator for Guernsey private equity fund launch
The Channel Islands has become a key focus for Northern Trust’s private equity fund administration business.
Intertrust to launch new Irish fund administration business
To lead the business, Kevin Doyle has been appointed head of fund administration for Intertrust Fund Services Ireland.