All fund services news

BNY Mellon chosen for Brazilian ADR

06 January 2016 São Paulo
Reporter: Stephanie Palmer

Braskem SA, a Brazilian petro-chemical firm, has appointed BNY Mellon as depository bank for its American depository receipt programme...

Confluence called upon for AIFMD reporting

05 January 2017 London
Reporter: Stephanie Palmer

Royal London Asset Management has appointed Confluence’s Unity NXT solution to help meet reporting requirements under the Alternative Investment Fund Managers Directive...

Chinese fintech fund of funds launches

04 January 2017 Hong Kong
Reporter: Stephanie Palmer

A consortium of Chinese companies have joined forces to establish a 10 billion-renminbi Asia FinTech Merger and Acquisition Fund of Funds, focused on supporting and developing fintech enterprises...

Allfunds reveals Asia ambitions

21 December 2016 Singapore
Reporter: Stephanie Palmer

Allfunds Bank is opening a new branch in Singapore, to roll out its services across Asia...

FundBPO granted permission for Malta office

19 December 2016 Sliema, Malta
Reporter: Stephanie Palmer

Fund administrator FundBPO has opened a new office in Malta, having been granted regulatory approval to act as a fund administrator in the island...

Pension fund service mandate for BNY Mellon

13 December 2016 London
Reporter: Stephanie Palmer

BNY Mellon has been appointed to provide fund accounting, transfer agency, custody, trust and depository services to the Local Pensions Partnership £5 billion global equity fund in the UK...

Linedata Global Hedge gets an upgrade

09 December 2016 London
Reporter: Stephanie Palmer

Linedata has launched a new version of its portfolio management system, Linedata Global Hedge...

Irish funds industry sees growth in 2016

07 December 2016 Dublin
Reporter: Stephanie Palmer

Ireland's funds industry has seen growth of 4.2 percent in 2016, according to a Monterey Insight report...

SS&C snaps up Wells Fargo’s GFS segment

06 December 2016 Windsor, Connecticut
Reporter: Drew Nicol

SS&C Technologies has acquired Wells Fargo's global fund services business...

South Korea grants BNY Mellon trustee licence

02 December 2015 Seoul
Reporter: Drew Nicol

BNY Mellon has been granted full ‘all asset trust licence’ status to provide trustee services for the South Korean domestic market...

PIMCO fined $20m for ETF ‘odd lots’ disclosure failure

02 December 2016 Washington DC
Reporter: Drew Nicol

Investment management firm PIMCO has been fined $20 million by the US SEC for misleading investors about the performance of one its first actively managed ETFs...

Louvre fund chooses CACEIS for custody

25 November 2016 Paris
Reporter: Stephanie Palmer

CACEIS has been appointed to provide custody and a range of other services to the Louvre Endowment Fund...

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