BNP Paribas Securities Services will use Allfunds as its preferred fund distribution platform, with the French bank taking a 22.5% stake.
Tag: fund distribution
Luxembourg has emerged as an attractive destination for Asian asset managers that seek new fund channels for their products.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.
The deal will see MFEX manage all post-trade services related to funds, currently operated by Societe Generale Luxembourg.
TEEPI’s developments have been made in collaboration with a group of pilot clients, and the platform will continue to develop throughout 2019.
Calastone has been engaging with a community of early adopters who have had access to the technology, including custodians and fund managers.
Recently acquired London-based funds platform will come under newly branded Clearstream Fund Desk.
MFEX has gone live with the delivery of fund distribution services to RBC I&TS under a long-term partnership.
SGSS will become Fineco’s transfer agent and fund administrator in Italy and Luxembourg for its UCITS funds.
RBC I&TS will sell the GFP technology and in return, MFEX will provide fund distribution services to the Canadian custodian in a long-term partnership.