Euroclear to acquire stake in fund distribution platform IZNES
The investment builds on Euroclear’s acquisitions of MFEX in 2021 and Goji in 2023, and will strengthen its FundsPlace marketplace platform.
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.
A range of factors will contribute to that growth, the custodian said, including continued innovation and expanded availability within the sector.
This week’s fund services round-up features: SS&C, Apex Group, Socium Fund Services, Ultimus Fund Solutions, Trident Trust and Altum Group.
International private equity firm Cinven joins Permira to support Alter Domus on next stage of growth with an almost €5 billion investment.