Alternatives fund managers said they would like better transparency and control over the net asset value (NAV) administration process performed by fund administrators.
A potential AIFMD passport and UK equivalence could smooth the way for UK custodians to expand their depositary services across the EU market.
Wells Fargo will join a growing a list of coveted investors which include some of the biggest custodians, investment banks, and buy-side firms.
The Luxembourg-based CSD will use Finomial’s technology to automate trade documentation completion for funds in alternative assets.
The head of Apex Group's marketing and sales initiatives has left after helping spearhead new revenue streams following its period of acquiring high-profile firms.
Apex has partnered with Hong Kong-based BITE Investments to help Asian investors build their own USD alternative investment portfolio.
State Street will leverage FIS-owned Virtus business process-as-a-service solution to provide services jointly to CLO and CDO clients in the US and Europe.
Ultimus stated the hire reinforces the focus on alternative fund administration services and complements its acquisition of LeverPoint Management last year.
The four new appointments will help the fast-growing administrator to expand its North America private equity fund services capabilities.
Experienced alternatives business development executive joins Northern Trust in Luxembourg.