Another M&A deal for growing fund administrator TMF Group as it takes its assets under administration to $150 billion.
Tag: North America
The newly created role will focus on supporting and accelerating the growth of TMF’s fund services unit in North America.
Apex stated the launch of Throgmorton US would be the start of an “ongoing global expansion of the subsidiary brand”.
The French global custodian has hired Northern Trust's former APAC head of securities lending trading.
SimCorp have signed up a growing number of North American asset owners that have adopted the platform to optimise their investment operations.
State Street has made a series of enhancements in support of asset owners, as it prepares to onboard buy-side clients to its front-to-back model.
HSS provides a new look to its global management team following the appointment of its two new global head's in September.
NAFAA’s membership also includes Ultimus Fund Solutions, Apex Fund Services, Stone Coast Fund Services, Basiz Fund Services and North Street Global.
Ultimus is now the fifth administrator to join the association, founded by former JP Morgan, Citi and State Street fund services veteran Chris Meader.
GC Legend Lee Waite, who previously led the division, was appointed chief executive officer of Citi’s Japanese securities and banking units in June.