All fund services news

Goldman Sachs selects BNY Mellon for European ETF servicing

26 September 2019 London
Reporter: Becky Bellamy

BNY Mellon has been picked by Goldman Sachs Asset Management to provide asset services for its newly-launched European UCITS exchange-traded funds

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

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