Northern Trust combines private equity and hedge fund admin units
The creation of the new unit comes one month after Northern Trust closed its acquisition of the Omnium technology platform from Citadel.
Fund Administration
Liontrust to consolidate outsourced fund services to BNY Mellon
The UK asset manager will consolidate its asset servicing relationships for its UK and Ireland fund ranges and use BNY Mellon as its sole outsourcing provider.
SGG Group to acquire private equity administrator Augentius
The deal is the latest in a string of acquisitions for SSG Group which has expanded in the investor services business over the past two years
SIX overhauls clearing with Nasdaq post-trade tech
SIX Group will use Nasdaq’s post-trade technology for pan-European equities and Nordic derivatives.
First crypto fund-only administrator launches in the US
Crypto fund-only fund administrator launches with $700 million in cryptocurrency assets under administration from around the world.
Crypto tech provider lines up string of fund administrator clients
Trident Trust and Theorem Fund Services have gone live on the crypto back-office platform, with Apex Fund Services and North Street Global among those onboarding clients.
Intertrust expands into Australia and Ireland, following hire of new M&A chief
The moves follow the recent appointment of James Nolan as group head of strategy and merger and acquisition.
Ireland expected to overtake UK and US as favoured fund domicile
Many custodians, fund administrators and market infrastructures are planning to expand their operations in the country to meet the growth of Irish-domiciled funds.
New fund administration association adds three more members
North American Fund Administration Association welcomes three new members from alternatives fund admin industry.
DWS chooses BNP Paribas for massive fund administration deal
DWS will transfer its fund administration unit, which is predominantly based in Germany, to BNP Paribas.