Citi has been appointed by Samsung Asset Management to provide custody, fund administration and trustee services for the first pure REITs ETF to be set up and listed in Hong Kong
15 October 2020Philadelphia Reporter: Maddie Saghir
George Cornick, Vince Small and Corinne Weidner have all been elected as partner for the provider of outsourced fund administration services, FD Fund Administration
As fund administrator, Northern Trust will provide fund accounting, fund administration, regulatory administration, transfer agency and global custody services to the Driehaus Mutual Funds
While Ultimus currently provides services for both active and passive ETFs, the firm now offers servicing of active semi-transparent ETFs through its series trust solution
FundRock will provide oversight of the delegated functions, risk and compliance monitoring, as well as distribution support services for the new structure and its sub-fund
The deal combines the Fondcenter business with Clearstream’s existing fund desk for global fund distribution support with over $290 billion assets under administration
