SS&C expands Middle East operations with new office in Abu Dhabi
New office opens as the fund admin giant gains regulatory approval to provide services in the Abu Dhabi Global Market.
New office opens as the fund admin giant gains regulatory approval to provide services in the Abu Dhabi Global Market.
This week’s fund services round-up features: Apex Group, Citco, Maples Group, Ultimus Fund Solutions, IQ-EQ, Universal Investment Group, Allvue Systems and Permian Group.
Investment round was led by Key1 Capital and included new investors Euclidean Capital and funds managed by Hamilton Lane.
The investment builds on Euroclear’s acquisitions of MFEX in 2021 and Goji in 2023, and will strengthen its FundsPlace marketplace platform.
This move is aimed at elevating operational efficiency, thereby bolstering the wealth manager’s capacity to cater to its clients more effectively.
Growing regulatory complexity is leading to more outsourcing in the fund management industry and a greater focus on innovation, says new study from Carne Group.
Fulcrum partnered with Waystone on the planned launch of its Long- Term Asset Fund and has selected Northern Trust for fund admin and depositary services.
Through technology integration, the two organisations aim to simplify subscription and administration processes for iCapital funds, enhancing operational efficiency and investor experience.
The deal expands State Street’s continued growth in Latin America, following the recent opening of new offices in Colombia and Chile.
On its way to amassing $1 trillion in assets under administration, MUFG Investor Services honed in on the alternatives space and believes it sits in a unique position within the field, through its credit rating, balance sheet and banking products, while being almost exclusively alts focused.