CACEIS appoints new head of UK depositary from JP Morgan
New appointment reflects a commitment to the UK funds market for CACEIS and its shareholders, Credit Agricole and Santander.
New appointment reflects a commitment to the UK funds market for CACEIS and its shareholders, Credit Agricole and Santander.
The mandate will also enable Lifetri to continuously monitor its investments with an integrated view on all internally and externally managed portfolios.
Axxion’s has transferred nine of its open-ended special alternative investment funds (AIFs) to CACEIS in Germany.
The mandate will cover C4 Ventures’ new fund, C4 Ventures II, which is expected to reach €80 million in assets under management by the end of the year.
CACEIS carried out the migration process involving 26 Luxembourg law sub-funds accounting for some €10 billion in assets.
The partnership will combine Amundi’s portfolio management system with CACEIS’ middle- and back-office services for a broad front-to-back outsourcing platform.
Fund administrators in Europe are hoping to capitalise on the rush to ETF strategies among asset managers and institutional investors .
Nearly half of pension fund managers surveyed by CACEIS felt there were not properly equipped to monitor their ESG activities to a high standard.
The aim for the new CSD is to provide a harmonised platform for the issuance, trading, settlement and custody for commercial paper.
TEEPI’s developments have been made in collaboration with a group of pilot clients, and the platform will continue to develop throughout 2019.