All latest asset servicing news

EFAMA asks FCA to further simplify recognition of EU retail funds

14 February 2024 Europe
Reporter: Jack McRae

The OFR outlines the process that European retail funds have to follow to gain, and keep, access to the UK market

Thomas Legendre promoted at Value Partners

14 February 2024 UK
Reporter: Lucy Carter

Value Partners (UK), part of Hong Kong-based asset management first Value Partners Group, has appointed Thomas Legendre as associate director of its EMEA business

IQ-EQ opens GIFT City office

14 February 2024 India
Reporter: Lucy Carter

Atul Muchala, managing director for India, will lead both the new location and the company’s existing Mumbai office

Lorraine Rooney appointed CEO of TMF Fund Management in Ireland

13 February 2024 Ireland
Reporter: Jack McRae

Rooney will be responsible for leading a team in providing fund management company services and solutions across a wide range of fund strategies and structures

CNP Assurances renews Caceis mandate

12 February 2024 France
Reporter: Lucy Carter

This renewal builds on a more than 15-year relationship between the firms

Clearstream and Quantalys Harvest Group partner on digital fund solution

12 February 2024 Luxembourg
Reporter: Lucy Carter

Through the tool, distributors are able to search and filter investment funds matching user-specified requirements

Harish Chidambaram named HSBC’s new head of asset servicing for India

12 February 2024 India
Reporter: Jack McRae

Chidambaram joins HSBC from Accenture India, where he spent over seven years as vice president and senior vice president of operations

Crypto Finance achieves BaFin licences

12 February 2024 Germany
Reporter: Lucy Carter

Crypto Finance provides institutional-grade digital asset investment, custody and trading solutions

Phil Cook promoted at Tonic

09 February 2024 US
Reporter: Lucy Carter

Cook has more than 20 years of industry experience, and has been a senior project manager at Tonic since April 2023

Alejandro Aguzin accelerates HKEX departure

09 February 2024 Hong Kong
Reporter: Lucy Carter

Bonnie Chan will replace Aguzin as CEO effective 1 March 2024, joining the board as an ex-officio member. She will hold the role for a term of three years

Kernow picks Yealand for ACD and fund admin

09 February 2024 UK
Reporter: Lucy Carter

Founded in 2019, and having launched its UK fund offering in April 2022, Kernow focuses on all-cap UK equities delivered through hedge fund and tailored segregated mandate formats

Deutsche Börse Group completes FundsDLT acquisition

08 February 2024 Germany
Reporter: Sophie Downes

The increase was predominantly led by the acquisition of global software company Simcorp, which delivered net revenue volumes of €198 million in Q4

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