All fund services news

BBH named fund administrator for GaoTeng’s first UCITS fund

14 May 2020 Dublin
Reporter: Maddie Saghir

Brown Brothers Harriman has been appointed as fund administrator for Hong Kong-based GaoTeng Global Asset Management following the launch of its first UCITS fund

Cornerstone Capital selects Ultimus for fund administration

13 May 2020 Cincinnati
Reporter: Maddie Saghir

Ultimus was chosen to administer the ESG mutual fund through its Capitol Series Trust

CACEIS completes Candriam’s first wave of funds migration

12 May 2020 Paris
Reporter: Becky Bellamy

CACEIS has completed the first of three fund migration waves for asset management company Candriam

Ashburton partners with JTC to enhance fund administration

06 May 2020 Jersey
Reporter: Becky Bellamy

Ashburton Investments, a Jersey-based asset management business, has signed an agreement with JTC to administer fund shareholder accounts

Maitland selected as corporate trustee to the Green Outcomes Fund

05 May 2020 South Africa
Reporter: Becky Bellamy

Maitland has been appointed as corporate trustee and trust administrator to the R488 million Green Outcomes Fund

CSC expands fund services offering into Ireland

30 April 2020 Dublin
Reporter: Becky Bellamy

The license was approved by the Central Bank of Ireland after a six-month application process

Zürcher Kantonalbank sells BVG administration business of Swisscanto Vorsorge

29 April 2020 Zurich
Reporter: Becky Bellamy

Zürcher Kantonalbank has sold the BVG administration business of Swisscanto Vorsorge AG (SVAG) to PFS Pension Fund Services AG

ZEDRA wins $230m LatAm fund mandate

22 April 2020 Jersey
Reporter: Maddie Saghir

ZEDRA Fund Services in Jersey has been selected by IG4 Capital to provide comprehensive fund administration and corporate governance services to its latest $231.5 million blind-pool Private Equity II Fund

Ocorian boosts fund offering with Allegro acquisition

22 April 2020 Luxembourg
Reporter: Maddie Saghir

Allegro is fully licenced to provide ManCo and fund administration services to AIFs, reserved AIFs, non-AIFs and UCITS funds

Intertrust expands fund services relationship with iCON

20 April 2020 Guernsey
Reporter: Becky Bellamy

Intertrust’s fund services business has assisted iCON Infrastructure with the first and final closing of its new $1.9 billion fund, iCON Infrastructure Partners V

Red Cedar selects new fund administrator for new fixed income fund

14 April 2020 Ohio
Reporter: Maddie Saghir

The new fixed income fund is part of a standalone proprietary trust and consists of short duration bonds with a focus on securitised products

7Q Financial Services goes live with Axia wealth and fund management solution

09 April 2020 Cyprus
Reporter: Maddie Saghir

7Q Financial Services has gone live with Profile Solutions’ Axia wealth and fund management solution to address its fund management requirements and support its investment activities in an automated way

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