Stock Exchange of Thailand partners with Clearstream 23 September 2019 Luxembourg Reporter: Jenna Lomax The Stock Exchange of Thailand (SET) and Clearstream Banking S.A. have partnered to enable cross-border funds transactions
CIBC Mellon to assume IGM’s fund services functions 20 September 2019 Toronto Reporter: Becky Bellamy IGM Financial has selected CIBC Mellon to assume most of its fund services functions
Aberdeen Standard Investments selects Gen II as fund administrator 18 September 2019 London Reporter: Jenna Lomax Aberdeen Standard Investments has selected Gen II Fund Services as its exclusive fund administrator for certain private equity funds
TMF Group expands fund services 06 September 2019 Saint Peter Point Reporter: Jenna Lomax TMF Group has acquired State Street’s private equity and real estate fund administration business in the Channel Islands
Krypton Fund Services expands further into Asia 05 September 2019 Singapore Reporter: Jenna Lomax Krypton Fund Services is to expand its global business platform to the alternative fund markets of Asia with its new subsidiary, Krypton Fund Services
Industry to be ‘unrecognisable’ in a decade 29 August 2019 London Reporter: Becky Bellamy The asset servicing industry will be “unrecognisable” in 10 years time, according to Daron Pearce, CEO of global financial institutions within BNY Mellon Asset Servicing
Ultimus Fund Solutions acquires fund admin firm 21 August 2019 Cincinnati Reporter: Jenna Lomax Ultimus Fund Solutions is to acquire LeverPoint Management for fund administration services
Aberdeen Standard Investments selects SS&C for transfer agency services 14 August 2019 Aberdeen Reporter: Jenna Lomax Aberdeen Standard Investments has selected SS&C Technologies Holdings to provide its transfer agency services until 2025
Opus Fund Services expands presence in Ireland 14 August 2019 Wexford Reporter: Jenna Lomax Opus Fund Services is to open a new office in Wexford, Ireland
Hazeltree to support private markets fund managers with solution expansion 14 August 2019 New York Reporter: Jenna Lomax Hazeltree has launched Hazeltree Private Markets, a treasury and portfolio finance solution to support private markets fund managers
Abacus selects PFS-PAXUS for fund admin 13 August 2019 London Reporter: Jenna Lomax Abacus Financial Services has selected the Pacific Fund Systems solution, PFS-PAXUS, for its third-party fund administration business operations
BNY Mellon extends dealing hours for Irish UCITS ETFs 13 August 2019 Dublin Reporter: Jenna Lomax BNY Mellon has introduced extended dealing hours for Irish UCITS exchange-traded funds to support the distribution of these products globally