Norwegian-based Storebrand Asset Management has selected Northern Trust as its asset servicing provider to its alternative investment funds and Ucits funds domiciled in Luxembourg.
Corporate services firm Crestbridge has appointed Michael Johnson as global head of services, replacing Michael Newton who has taken on the newly-created role of head of client delivery at the firm.
Funds Europe talks to Confluence about the regulatory burden facing Europe’s funds and administrators amid new rules for money market funds. Confluence is a global leader in investment data management automation for regulatory, financial and investor reporting.
The acquisition of Viteos shows how Intertrust is reacting to asset managers’ technology needs to support sophisticated product development. Shankar Iyer, chief solutions officer, and Patrick O’Brien, global head of funds from Intertrust, explain more about the drivers.
The acquisition of Viteos shows how Intertrust is reacting to asset managers’ technology needs to support sophisticated product development. Shankar Iyer, chief solutions officer, and Patrick O’Brien, global head of funds from Intertrust, explain more about the drivers.
The global asset management industry is experiencing fundamental shifts that will shape its future. Industry revenues are slowing, operating margins are increasingly under pressure and divergence between winners and losers means that consolidation is inevitable. Only the strongest will survive.
New technologies and geo-politics will be high on the agenda at key funds industry events in the coming weeks, including at the London conference of Jersey Finance and at the Sibos banking tech event.
BNY Mellon has increased dealing hours for Irish exchange-traded funds (ETFs) to facilitate their global distribution.
Holland’s Kas Bank – recently acquired by pan-European custodian Caceis – has partnered with UK fund manager LGPS Central Limited for cost transparency and reporting services.
