HUB, the fintech that is partly backed by State Street, has won a mandate from Acer Tree Investment Management for HUB NAV Oversight, a SaaS solution designed to optimise and automate NAV processes. Acer Tree, a mid-sized UK-based asset manager specialising in alternative investments, will leverage HUB NAV Oversight to streamline its NAV oversight process.
Langham Hall, the UK-based administrator, has added two senior managers in Luxembourg. Ian Kent joins from State Street as head of fund administration – Luxembourg, and Brian Campion comes in from CSC as head of commercial – Luxembourg.
Universal Investment Group (UI), the Germany-based fund services platform and Super ManCo, has appointed Jeremy Albrecht as its new CEO for Luxembourg. In this role, he will be responsible for heading UI’s Luxembourg platform, which consists of both UI Luxembourg, the largest AIFM and third party ManCo in Luxembourg, and fund administrator UI efa. He…
Northern Trust has been appointed by Sydney-based Platinum Asset Management to provide comprehensive asset servicing solutions across its Australian funds. Platinum Asset Management focuses on global equities and has approximately AUD11bn (USD6.8bn) AuM. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting, investment operations outsourcing, ETF administration and…
The Lincolnshire County Council Pension Fund has selected CACEIS and the CACEIS Pensions Centre to provide custody, accounting and performance services as part of a GBP3.5bn (USD4.3bn) mandate. CACEIS Pensions Centre is a dedicated administration hub backed by technology platform SimCorp Dimension. This end-to-end solution will provide Lincolnshire County Council Pension Fund with administration capabilities,…