The new offering will expand US Bank’s range of UCITS fund clients in Europe and enable it to compete with established European fund administrators.
The laissez-faire approach to UCITS principles has riled market regulators following the recent saga with Neil Woodford's flagship fund, which could have long-term consequences on the funds industry.
Fund administrator that won a Global Custodian award for private equity client service in 2018 adds to European sales team.
The combination with Santander expands CACEIS' reach to Spain and Latin America, giving the combined unit €5.1 trillion in AuC/A.
The New York-based firm is aiming to become the partner of choice for hedge funds that are diversifying their prime brokerage partners.
Robert van Kerkhoff has assumed responsibility for driving the bank's growth across the Luxembourg, Netherlands and Nordics markets.
Digital Asset will be transitioning client-facing responsibilities to Oliver Hugh-Jones, head of business development for Europe.
Torstone grew by over 50% year-on-year, which fuelled the hiring of over 50% more staff in Europe.
Since the EU referendum, 20 companies monitored by EY have announced a transfer of assets out of London into Europe.