HSBC Securities Services has appointed Tony McDonnell as global head of alternative investments. For the last seven years, McDonnell has been the country head for securities services in Ireland and, since 2019, has had the additional responsibility of establishing private assets as a product across securities services. He will now focus solely on development of…
Year: 2021
Citi to service OFC ETFs for Mirae
Mirae Asset Global Investments (HK) Limited has appointed Citi as OFC custodian and provide fund administration and ETF services for the launch of two OFC ETFs: an inaugural active ETF – Global X China Innovator Active ETF – and a passive ETF – Global X China Global Leaders ETF. Both invest in equities of companies…
BlueOrchard moves JAWEF to EFA
EFA, the Luxembourg-based administrator, has been appointed by BlueOrchard Finance Ltd, an impact investment manager, to take over the administration of the Japan ASEAN Women Empowerment Fund (JAWEF). The migration of the fund has been completed. BlueOrchard’s JAWEF was launched in 2016 as the first fund of its kind investing through financial institutions in female…
State Street opens Fund Connect ETF platform to all issuers
State Street has opened up its Fund Connect ETF platform to support all ETF issuers, regardless of their service provider. The platform was previously only available to issuers serviced by State Street. The Fund Connect platform links APs and issuers. Fund Connect ETF is a global online trading portal for the creation and redemption of…
Mainstream partners with Finomial for client onboarding
Finomial, a compliant client lifecycle management platform, is partnering with Mainstream Fund Services, a provider of full-service fund administration and part of Australia-based Mainstream Group. The partnership leverages technology to streamline the investor onboarding processes and enhance investor data security.
Derek Tsoi joins Intertrust in Hong Kong
Intertrust has appointed Derek Tsoi as commercial director, based in Hong Kong. He will be responsible for business development and client relationship management for fund services in the region. He was previously with Maples Fund Services.
BP2S to service Harvest’s new ESG ETF
BNP Paribas Securities Services has been appointed to provide fund services for Harvest Global Investments’ new CSI 300 ESG Leaders Index ETF. Services include global custody, fund administration, trustee, transfer agent and participating dealer. Harvest, which has a longstanding relationship with BP2S, is one of the largest Chinese institutional asset managers.
EISS Super implements State Street’s ESG risk analytics solution
EISS Super, an Australian superannuation fund with AUD6bn AuM, has implemented State Street’s recently launched ESG Risk Analytics solution. State Street provides EISS Super with customised ESG performance and risk management analytics with top-down and bottom-up capabilities. EISS Super can assess the carbon emissions of its portfolio, as well as view its assets through the…
SS&C hires Gautam Moorjani to lead intelligent automation solutions group
Gautam Moorjani has joined SS&C to lead its newly formed intelligent automation solutions group. He will report to Mike Sleightholme, senior vice president and general manager. The group will focus on helping clients with digital transformation using technologies such as workflow management, machine learning, natural language processing, and robotic process automation. He joins from PwC,…
Vistra bids AUD180.1m for Mainstream
Vistra, the Hong Kong-based administrator, has made an offer of AUD180.1m (USD139m) for Mainstream Group, an Australia-based administrator that has AuA of c. AUD210bn (USD162bn).