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MUFG Investor Services to assist clients with escrow service offering
28 May 2021
US

The new service will act as an extension to the firm’s current banking product suite leveraging its existing capabilities

Gresham nears completion date of Electra acquisition
28 May 2021
UK

“Joining Gresham creates significant opportunities to take our technology to international markets and for our customers to access the full scale, reach, and capabilities of the Clareti platform," says Electra CEO

Citi to provide custody and fund services for Fuboun’s first two Hong Kong ETPs
28 May 2021
Hong Kong

As part of its mandate, Citi will act as a trustee and will provide Fubon with fund accounting and custody services

SIFMA urges SEC to take principle-based approach to regulate digital assets
28 May 2021
US

SIFMA has filed a letter to the SEC commenting on the framework to allow broker dealers to custody digital asset securities in a way that meets the requirements of Rule 15c3-3 under the Securities Exchange Act of 1934

ACA Group bolsters UK-based SEC consulting team
27 May 2021
UK

Martin Fawzy’s move follows the lifting of a two-year-long moratorium on UK firms applying for SEC registration

Star Mountain Capital selects PEF Services for fund administration
27 May 2021
US

“As a highly sophisticated investment manager, we are delighted that Star Mountain has chosen to outsource their SBIC fund administration to PEF," says Anne Anquillare

Euroclear Sweden appoints new chief technology officer
27 May 2021
Sweden

Olofsson will be part of the Euroclear Sweden Executive Committee and will be reporting to the Euroclear Sweden CEO Rodger Storm

AIMA discovers global increases in crypto hedge funds
27 May 2021
UK

AIMA, PwC, and Elwood’s third annual global crypto hedge fund report revealed total AuM of crypto hedge funds globally increased to nearly $3.8 billion in 2020 from $2 billion the previous year

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