Upon final regulatory approval of the ETF, BNY Mellon will provide ETF basket operations, order taking, fund accounting, fund administration and transfer agency services.
Custodians and fund administrators are bracing for an influx of asset managers to launch new private markets funds in Ireland.
Apex has been mandated to provide trustee oversight services and back-office administration for the BTCE Bitcoin ETC.
Launch follows relaxed rules in the country aimed at boosting local fund managers’ operations.
Following a consultation with last year’s providers, Global Custodian has also introduced two new categories to the survey.
HSBC established the private assets business in 2019 to capitalise on the huge growth in demand from investors in markets.
Private equity services veteran of SS&C and Citi takes on new role in London.
Brown Brothers Harriman is working with Guinness Atkinson Asset Management for the first conversion of two mutual funds to become active ETFs.
The VanEck Bitcoin Trust is one of the most hotly anticipated crypto-tracking ETFs following several attempts by the investment manager to launch the fund.
State Street’s Luxembourg branch will take on the activities previously carried out by its subsidiary Fideuram Bank Luxembourg, accounting for approximately €42 billion of assets.