All fund services news

ED Group provides foundations for Oakbridge Funds launch

09 March 2021 Jersey
Reporter: Maddie Saghir

"Our venture with Oakbridge Funds echoes ED Group’s ethos of investing in and helping innovative companies grow," says Jamie Crawford

Aztec supports Norvestor with fundraising activities

05 March 2021 Norway
Reporter: Maddie Saghir

Aztec Group supported the establishment of Norvestor VIII and will continue to provide ongoing administration and accounting services from its Guernsey and Luxembourg offices

LGPS launches second global custody services framework

03 March 2021 UK
Reporter: Becky Bellamy

As part of the new framework, CACEIS, BNY Mellon, HSBC, Northern Trust and State Street have been appointed to provide global custody services

IQ-EQ to create dedicated funds business in Ireland

02 March 2021 Ireland
Reporter: Maddie Saghir

IQ-EQ will transfer a number of key personnel from the group’s wider UK and Ireland cluster who will hold the role of director and head of fund accounting as part of the fund services expansion

Fideuram Intesa Sanpaolo Private Banking appoints State Street as fund administrator

24 February 2021 Italy
Reporter: Becky Bellamy

Joerg Ambrosius, CEO of Europe, Middle East and Africa at State Street, comments: “We are delighted to expand our relationship with Intesa Sanpaolo to provide Fideuram with solutions that drive value and create efficiencies for their clients"

FundRock named as ManCo for Chimera UCITS ICAV

24 February 2021 UK
Reporter: Becky Bellamy

As part of the mandate, FundRock will provide the risk management and regulatory framework for the ICAV and undertake the sub-funds delegate oversight

BNY Mellon becomes fund Service provider for Amundi

17 February 2021 US
Reporter: Maddie Saghir

Consolidating core fund services across the BNY Mellon platform is expected to result in operating efficiencies for the Pioneer Funds

Apex continues acquisition streak after closing GFin Corporate Services deal

17 February 2021 Mauritius
Reporter: Becky Bellamy

GFin’s integration into the group will enhance Apex’s established presence in Mauritius, supporting the provision of locally delivered fund administration and corporate solutions to clients

Apex closes FundRock acquisition

15 February 2021 UK
Reporter: Becky Bellamy

Peter Hughes, founder and CEO of Apex Group comments: “The FundRock business shares our commitment to exceptional levels of client service and is a highly complementary addition to the Apex Group"

MJ Hudson gets green light on Bridge Group merger

15 February 2021 Ireland
Reporter: Becky Bellamy

Matthew Hudson, CEO of MJ Hudson says: “We are delighted to welcome the Bridge team to our group, following our decision to merge our businesses, back in October"

JTC set to acquire INDOS Financial

15 February 2021 Jersey
Reporter: Becky Bellamy

The acquisition will see all INDOS’ 52 directors and staff in its London, Fareham and Enniscorthy offices join the institutional client services division of JTC and will become shared owners in the business

UMB Fund Services gains new fund admin mandate from Hamilton Lane

10 February 2021 US
Reporter: Maddie Saghir

“We look forward to supporting the growth of Hamilton Lane’s Private Assets Fund with our expertise as the firm markets the fund to qualified clients," says UMB Fund Services' Maureen Quill

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