Clearstream, Deutsche Börse Group’s post-trade services provider, is set to acquire a majority stake in UBS’s fund distribution platform Fondcenter AG/UBS
“This investment and collaboration underscores J.P. Morgan's continued focus in the alternatives segment," says Teresa Heitsenrether, global head of securities services, J.P. Morgan
State Street has expanded its servicing arrangement with VanEck, to provide exchange-traded fund (ETF) services for almost $40 billion of its clients’ assets
The new licence enables Crestbridge to provide a range of fund administration services from Luxembourg, adding to the management company solution already provided from the jurisdiction