Hong Kong’s CSOP Asset Management Ltd. has selected SS&C’s Eze Investment Suite for order management and portfolio accounting.
Year: 2021
Malcolm Pobjoy leaves Vistra
Malcolm Pobjoy has left Vistra, where he was group commercial director for the Americas, to join Osborne Clarke, a UK-based law firm, as head of U.S. business development. He will be based in New York.
Martin Currie migrates investment ops to Northern Trust
Martin Currie Investment Management has completed the migration of outsourced investment operations functions to Northern Trust for its book of assets managed from UK offices in Edinburgh and London. These include performance measurement and client reporting activities that were previously managed inhouse. Owned by Franklin Resources, Martin Currie is a long-term global equity growth investor…
RBC launches FX TCA service
RBC Investor & Treasury Services has launched its FX transaction cost analysis (TCA) service for currency overlay services (COS) clients. The service, which uses analytical technology provided by State Street-owned BestX, will provide RBC’s COS clients with independent FX TCA reporting to oversee and assess the execution quality of their COS transactions. COS is available…
BNY Mellon to provide European TA services for Invesco
BNY Mellon has been appointed by Invesco Fund Management Limited and Invesco Management S.A. to provide transfer agency services to USD100bn of their respective ICVC and SICAV fund ranges. BNY Mellon already provides custody and fund administration services for the two fund ranges, which are domiciled in the UK and Luxembourg respectively. In addition, BNY…
Apex to acquire Brazil’s BRL Trust
Apex plans to acquire Brazil’s BRL Trust Investimentos, an independent fund administrator. The BRL Trust business will add BRL198bn (USD38bn) AuA and BRL166.7bn (USD32bn) AuC across 560 international and Brazilian investment funds. The deal comes after Apex’s previous announcement of its intention to acquire MAF, the fund administration business of the Brazil-based Banco Modal, which…
CSC acquires PEF
CSC, a U.S.-based provider of business, legal, tax, and digital brand services, has acquired PEF Services LLC, a U.S.-based provider of fund administration services to private capital firms and their investors, including private equity, private debt, venture capital and U.S.-based small business investment companies (SBICs). Anne Anquillare, CEO and president of PEF, joins CSC as…
Link to provide unit registry to Vanguard in Australia
Link Fund Solutions, the Australia-based administrator, has been appointed by Vanguard’s Australia business to provide a unit registry service.
Intertrust appoints Jon Barratt as Cayman MD
Intertrust has appointed Jon Barratt as MD of its Cayman business. He was previously MD of its Singapore operation.
Ocorian hires Mike Hughes as global head of service lines
Ocorian, the C.I.-based administrator, has appointed Mike Hughes as global head of service lines. In his new role, Hughes has ultimate responsibility for all client segments and will also join Ocorian’s ExCo. He was previously global head of J.P. Morgan’s global custody product.