TMF Group recruits 30-year fund services and prime brokerage veteran to lead North America sales.
Tag: fund services
The US bank has promoted its global head of fund accounting to the role responsible for the delivery of client service and solutions within securities services.
The new business expands Citi’s existing relationship with Tuttle Tactical Management to include its new Trend Aggregation range of ETFs.
Citi said in an internal memo the changes to its equities and securities services unit will “allow for greater focus and accountability.”
The drop across the industry bucks a four-year growth streak which begun to pick up significantly from 2016.
Citco has invested in its loan servicing capabilities to address client needs and offer a holistic lending solution.
HSBC stated it completed the transition in ‘record time’, after consolidating all custody and fund administration functions for its $18 billion of assets.
In the second part of our ‘what to look out for in 2020’, we ask industry experts’ for their input on fund services trends for the coming year.
The appointment caps off a year of significant growth for Intertrust, which over the past 12 months has hired several hire profile fund services experts.
Clearstream’s current strategy has been focused on the continued rollout of its InvestorCSD, and the expansion of its investment fund services business.