MUFG Investor Services launches contingent NAV solution for mutual funds
Asset servicer launches solution in case of outages in the primary daily NAV production process.
Asset servicer launches solution in case of outages in the primary daily NAV production process.
Funds affiliated with The Carlyle Group will support Calastone in accelerating its growth, including broadening its product suite and international expansion.
Last year, BNP Paribas Securities Services and the banks asset management unit announced they would take a 22.5% stake in Allfunds.
The mandate follows the recent enhancement of UMB Institutional Custody’s trading platform capabilities by adding Broadridge’s Matrix Financial Solutions.
State Street has been appointed the securities lending agent for four Nuveen mutual funds with assets of over $4 billion.
Offered through UMB Bank’s Institutional Custody division, the firm will provide custody and fund accounting to Pear Tree’s six funds with AuM of nearly $5 billion.
With some of the world's largest ETF issuers launching new semi-transparent products, custodians and fund administrators are in a unique opportunity to bridge the gap between the active and passive investment community.
MFEX recruits BNP Paribas' former FinTech expert who led many of their start-up collaborations in the funds distribution space.
FIS would provide Victory Capital a 24/7, real-time mutual fund processing and recordkeeping platform, as well as transfer agency services.
The new mandate resulted in the transfer of 53 mutual funds and ETFs to Citi, following a recent acquisition from client Victory Capital.