Target Group, which operates a fintech platform that supports business process outsourcing, says it has the “scale and expertise” to disrupt the market in UK transfer agency (TA) services, which is dominated by a small number of long-term incumbent firms.
BNP Paribas Asset Management put in a “stable” performance in the first quarter of the year, reflected in a steady rise in its assets under management (AuM).
MiFID II has gone live, but fund administrators are still waiting for asset managers to outsource their reporting duties – which run to literally tonnes of paper. Nicholas Pratt reports.
State Street has been appointed by HSBC Alternative Investments Limited (HAIL) in Luxembourg to provide custody and administration services for its new diversified loan fund.
Seattle-based Russell Investments has appointed Maarten Roeleveld as business development director for the Benelux countries.
Citi has been selected by investment manager Polunin Capital Partners to provide global custody, fund administration and depositary services for its Luxembourg-domiciled Sicav funds.
An expert panel of asset servicers talk about how they are adapting to the digital challenge, and the effect of rising interest rates on their industry.
Providers of third-party management company services are small, but the business has taken off in the past year. Though the list is by no means exhaustive, we present profiles of some of the emerging players in Luxembourg.
European ‘white label’ exchange-traded funds (ETF) platform, HANetf, has appointed BNY Mellon to provide custody, administration and trustee services.
Asset manager Robeco is to make about 70 operational workers redundant following an outsourcing deal with JP Morgan.
