State Street secures ETF servicing mandate with alts manager Water Island Capital
State Street will provide custody and fund administration to WIC's new ETF index, offering public access to hedge fund-like strategies.
Tag: Alternative funds
The chief of everything
The traditional COO and CFO roles at alternative investment managers no longer exist as they are now required to be technological, compliance and investor relations experts. How prepared are these firms with the changing nature of their roles, and how are they turning to their service providers to meet these modern-day challenges?
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).
SANNE hires former State Street asset servicing exec to lead new Japanese business
SANNE’s Tokyo office will be operational from the start of 2019 and will initially focus on servicing existing real estate clients in the region.
Asset managers plan to diversify through alternative fund launches
Traditional long-only managers have been launching hedging strategies in the face of asset manager consolidation and the growth of passive investing.
Northern Trust hires senior fund sales specialist from SS&C
Edwin Chan joins Northern Trust in which he will focus on accelerating sales for the custodian’s alternative asset servicing business.
Alternative funds call for AIFMD abolition following Brexit
Removing AIFMD could maintain regulatory standards and increase UK competitiveness following Brexit, says industry body.
Deutsche Bank elevates Rhydderch to lead alternative funds business
David Rhydderch will take over as global head of Deutsche Bank’s alternative funds business.
Differentiation and flexibility key for smaller fund administrators
Smaller fund administrators focusing on flexibility in order to compete with the biggest players.