Fund distribution platform aims to serve distributors and asset managers based in Hong Kong, Taiwan, Korea and Japan from the new setup.
Tag: fund distribution
Datum One Series Trust follows the custodian’s Advisers Investment Trust, launched in 2011, has grown to approximately $18 billion.
MFEX recruits BNP Paribas' former FinTech expert who led many of their start-up collaborations in the funds distribution space.
Singapore has 18 asset managers already signed up to re-domicile a total of 20 funds to the new VCC fund structure.
The investment from the four firms will help strengthen the FundsDLT platform and accelerate its commercial development.
CAM is one of 18 fund managers participating in the VCC pilot programme launched by the Monetary Authority of Singapore last month.
Industry body has called for the UK fund market to construct a new fund vehicle that can compete with the dominance of UCITS and AIF structures in Asia-Pacific.
The purchase and subsequent partnership with UBS marks another active move from Clearstream into bolstering its fund services offering.
Clearstream launched its fund distribution support service following the completion of its acquisition of the Swisscanto Fund Centre business.
BNP Paribas Securities Services will use Allfunds as its preferred fund distribution platform, with the French bank taking a 22.5% stake.