Crédit Agricole and Santander’s asset servicing business, Caceis, has offered a preliminary deal to acquire the European asset servicing activities of RBC Investor Services, including its fund administration offering. 

New operational systems are available to multi-expertise or specialised asset managers to cope with the growth of private markets. Lyonel Peloponese, head of advanced middle office private market funds services and Romain Mifsud, head of sales & relationship manager French private market, Societe Generale Securities Services, report.

At a time when ‘traditional’ fund administrators face competition from specialists in the growing private assets space, HSBC forged a partnership with a third-party loan servicing business and won a “landmark mandate”. Angela Madden reports.