Private equity firm KLAR Partners, which said it had recently raised the largest fund in Europe during the Covid-19 pandemic, has appointed Intertrust Group as fund administrator.
Private equity firm KLAR Partners, which said it had recently raised the largest fund in Europe during the Covid-19 pandemic, has appointed Intertrust Group as fund administrator.
Specialist fund administrator JTC saw a “strong” increase in revenues last year, the Jersey-based, London-listed, firm said.
Funds Europe talks to Calastone’s Dan Kramer about the firm’s latest innovation, DMI Fund Services, and its implication for fund administration.
Fund providers are urging policymakers to require them to provide past performance information in investor documents rather than future scenarios.
Euroclear’s acquisition of MFEX will create a new funds market utility to benefit fund distributors and fund managers, the firms said.
The FCA recently made it clear that Libor will cease to be accepted as a benchmark, but there is now also more certainty about how market participants should proceed, says Florian Nitschke of Duff & Phelps.
A not-for-profit industry ‘utility’ has demonstrated it can slash data management costs related to MiFID II. Alex Rolandi speaks to those involved, asking about the project’s future – and where the cost reductions are made.
In December last year, The Investment and Savings Alliance (Tisa) launched a blockchain-powered tool aimed at reducing data management costs within the funds industry.
France’s financial watchdog said supervision of each cross-border alternative investment fund (AIFs) should be made the responsibility of one regulator in order to reduce supervisory fragmentation.
Funds Europe is inviting specialists in fund operations to tell us about the difficulties with NAV generation for investment funds.
