CACEIS in Germany to provide depositary services to Axxion
Axxion’s has transferred nine of its open-ended special alternative investment funds (AIFs) to CACEIS in Germany.
Tag: custody
Citi expands ETF services for Tuttle Tactical Management to support its first actively-managed SPAC ETF
The new launch expands Citi’s existing relationship with Tuttle Tactical Management where it has provided fund services to its ETF since 2019.
HSBC facilitates first private fund investment under China’s revamped QFI scheme
The fund invested is the first private fixed income fund launched by Barings Investment Management (Shanghai).
Standard Chartered and Northern Trust partner to launch cryptocurrency custodian for institutional investors
Landmark move in the institutional crypto space as custodians collaborate to solve missing piece of the puzzle for investors eyeing the likes of Bitcoin, Ethereum and Litecoin.
Enter the dragon
China is opening up its $4.2 trillion capital market to foreign investors following a recent wave of regulatory relaxation. The race is now on for international custodians to set up shop and service both foreign and domestic fund managers.
Clearstream completes roll out of Investor CSD solution for T2S markets
Clearstream can now offer custody and settlement services for banks and their cross-border transactions in 99% of all T2S-in securities.
State Street renews accounting mandate for Neuberger’s $40bn mutual funds
State Street has extended its 40-year asset servicing relationship with Neuberger Berman to provide accounting services for its US mutual funds.
HSBC launches custody and fund admin solution for TTF securities lending programmes
The solution is a market first and improves the tax transparency of securities lending opportunities in TTFs for institutional investors.
Citi appointed as custodian and fund admin for Sun Life ESG fund
Sun Life’s fund is one of a growing number of ESG funds approved by the Hong Kong Securities and Futures Commission (SFC).
Emerald Technology Ventures extends back-office relationship with Northern Trust
Northern Trust’s suite of asset servicing solutions will provide Emerald with the operational infrastructure to support its global investment reach.