This marks an expansion of their current relationship as BNY Mellon already provides custody and fund administration services for the two fund ranges, which are domiciled in the UK and Luxembourg, respectively
State Street will provide the full scope of ETF servicing, including custody, fund accounting, basket creation/settlement, order-taking, transfer agency and regulatory reporting to ASI
“As a highly sophisticated investment manager, we are delighted that Star Mountain has chosen to outsource their SBIC fund administration to PEF," says Anne Anquillare
“We aim to become the leading European ManCo and fund service platform for all asset classes and this means that being present in the growing Irish funds hub is absolutely essential for us,” says Michael Reinhard
Apex Group has expanded its existing relationship with Federation Asset Management to provide fund administration, share registry and regulatory services to the Sustainable Australian Real Asset Trust
The new status enables it to provide management company services to alternative investment funds in accordance with the Alternative Investment Fund Managers Directive
CSC says it anticipates fund administration and depositary licenses in Luxembourg to follow shortly, which will complement service offerings in Ireland and the Netherlands
"Temenos is trusted by leading fund administrators and asset management firms around the world to administer, service and value assets for their global client base," says Oded Weiss
The enhanced platform offers a fully automated interface that will support the daily updating of client holdings in the FundApps system and maintain a global database of companies and regulations, Broadridge says
