The MoU is the latest agreement for the Hong Kong market as it looks to become a leading cross-border fund hub for international investors.
The mandate will cover AMOAI’s first global Luxembourg-domiciled infrastructure debt vehicle, Cosmic Blue PF Lotus FCP.
The new business builds on agreements it signed with KAS Bank and Societe Generale Securities Services to use SimCorp Dimension for their custody services.
Haggart previously served as head of fund accounting, and prior to joining SS&C in March 2017 he spent almost nine years at EY in Luxembourg.
The regulatory approvals come ahead of Apex Fund Services planned acquisition of Ipes, expected to close at the end of the third quarter.
Many custodians, fund administrators and market infrastructures are planning to expand their operations in the country to meet the growth of Irish-domiciled funds.
The scope of the services will include order execution, settlement and asset servicing for its mutual and hedge funds.
European Fund Administration adds new names from Credit Suisse including head of private equity and real estate administration for Luxembourg.
The move will enable FundRock to expand its fund services to Nordic asset managers, taking on SEB Fund Services’ 20 employees.
Over the past two years Citi has identified Luxembourg has a key growth market for its investor services business.