Fund Administration

The service provider has launched a new entity in Riyadh, Saudi Arabia, to deepen regulatory engagement and expand regional relationships. 

HSBC will provide custody, depositary, fund administration and transfer agency services for the ESG-focused funds.  

The firm's securities services division will provide the health firm with custody, fund admin, performance reporting, cash management and foreign exchange solutions. 

The fund exceeded its initial fundraising target, securing commitments of approximately €1 billion. 

Regional hub will bolster the firm’s presence in the fast-growing market, offering local market participants a range of fund services.  

This week’s fund services round-up features  IQ-EQ, TMF Group, Gen II Fund Services, IQ-EQ, Ocorian, Highvern, Altum, and Ul efa. 

A new report from Accelex and FactSet finds that the growth of private markets is exposing data challenges for fund administrators, with AI emerging as the key solution.

New mandate covers private capital solutions for infrastructure manager's Australian, European and North American funds.

This week’s fund services round-up features: TMF Group, Alter Domus, Universal Investment Group, Temenos Multifonds, SEI’s Advisors’, PAXUS, SEI and Gryphon. 

The renewed partnership enables Deutsche Bank to provide integrated fund administration and accounting solutions to its clients across the Asia Pacific region through SimCorp One.