The importance of ESG investing for alternative asset classes is set to escalate, according to a 2021 Funds Europe/Jersey Finance survey. Ninety-five percent of respondents to the survey said they considered ESG factors to be important for alternative investment strategies, with 47% deeming them to be critically important.
Axa Investment Managers is to streamline the custody service provided for its UK retail funds.
Cyprus is gaining confidence that it’s ‘one fund at a time’ policy of growing the nation’s funds industry is working.
Spanish bank BBVA is the latest entrant in to the crypto custody space after launching a trading and custody service for bitcoin for its private clients in Switzerland.
A newly launched initiative is expected to make investment portfolios that blend traditional securities with digital assets more easy to manage by bringing standardisation to how digital assets are identified.
Italian private equity firm Clessidra Private Equity has appointed Societe Generale Securities Services (SGSS) as its depositary bank for a new fund.
Asset servicer Northern Trust has been granted a local custody licence from Swiss regulators, enabling it to expand its service offering in the country.
A new partnership structure will boost the attraction of Irish real and private asset funds internationally, closing a gap with Luxembourg. Our panel of Ireland fund experts talks about this, plus anti-money laundering and CP86.
State Street has launched a department dedicated to digital finance to be led by asset servicing veteran Nadine Chakar.
There is likely to be stronger demand from asset management companies for independent net asset value (NAV) oversight, according to a recent Funds Europe research report.
