RBC I&TS launches first Luxembourg UCITS fund for Daiwa Asset Management
Luxembourg has emerged as an attractive destination for Asian asset managers that seek new fund channels for their products.
Tag: Luxembourg
Vistra lures away long-serving Citi Luxembourg investor services head
Fast-growing fund administrator poaches Citi’s investor services head in Luxembourg.
Apex wins depositary and transfer agency mandate from Prologis
It is the first major mandate for the new Luxembourg-based division of Apex after it completed the integration of the Warburg business in February.
Clearstream to close Luxembourg-based IT hosting service
Clearstream expects the closure of the business will take place over a 18-month period.
Fund processing automation rates reach new levels, finds EFAMA research
The 29 transfer agents from Ireland and Luxembourg that participated in the survey processed a combined total volume of orders of 39 million last year.
MFEX to take on post-trade fund services from Soc Gen’s GFT in Luxembourg
The deal will see MFEX manage all post-trade services related to funds, currently operated by Societe Generale Luxembourg.
UK fund investors move £62 billion offshore for Brexit prep
Global custodians and fund administrators have bolstered their teams in Ireland and Luxembourg in anticipation of these new flows.
HSBC hires transfer agency veteran for Luxembourg business
Steven Caluwaerts joins from Citi where he was most recently European head of transfer agency product.
BNP Paribas Securities Services reorganises North Europe role
Robert van Kerkhoff has assumed responsibility for driving the bank's growth across the Luxembourg, Netherlands and Nordics markets.
Northern Trust makes Brexit play by establishing Luxembourg bank
The custodian selected Luxembourg as its post-Brexit destination in 2017, creating an EU-banking license as it looked to continue serving continental European funds.