The deal, which is expected to complete by the end of Q3 2023 subject to approvals, will include custody and global custody FX, securities lending, fund services and middle office, along with RBC Investor Service’s service centre in Malaysia
Northern Trust has been the asset servicing provider for Polar Capital since the company’s inception in 2001, and will now be responsible for the Melchior Selected Trust
Commenting on the launch of the administration offering, Kennedy (pictured) says: “We are pleased that JTC has been issued its fund administration licence in a key financial jurisdiction such as Ireland.
Apex Group, a global financial services provider, has announced its appointment by Foord Asset Management to support its expansion into the Australian market
Apex Group has been appointed by Encore Capital Management, a real estate developer, operator and institutional investment management firm, to provide fund administration, investor reporting, and tax services
New York-based Wilmington Trust, a global provider of wealth and institutional services for M&T Bank, selected Northern Trust due to its experience supporting CIT funds
Canadian asset investment fund manager 3iQ Digital Asset Management has selected Apex Group for fund administration, listed transfer agency and custody services
Investor-owned fund manager Tradex Management has selected RBC Investor & Treasury Services to provide its full suite of back-office investor services, including custody, fund accounting, securities lending and transfer agency