Link Administration Holdings Limited, the ASX-listed administrator, has released an update on the progress of the sale of its Fund Solutions business and in relation to ongoing negotiations with the UK Financial Conduct Authority. “Link Group is in exclusive negotiation with the Waystone Group in respect of the sale of the whole of its FS…
Year: 2023
Apex appoints head of Dallas
Apex has appointed Pamela Goldminz as office head, Dallas. She joined Apex in 2022 following the acquisition of Texas-based SandsPoint Capital Advisors LLC, a provider of advisory and consultancy services to alternative asset managers.
Crestbridge hires two for Lux
Crestbridge, the C.I.-based alternatives administrator, has made two appointments in its Luxembourg office. Teodora Croitoru has joined as head of compliance, fund services, while Emmanuelle Poret has taken on the role of head of client onboarding, fund services & ManCo. Croitoru joins from Intertrust, and Poret was previously at Ocorian.
SimCorp hires from Northern Trust
J.R. Bogan has joined SimCorp as head of investment operations. Bogan spent 17 years at Northern Trust, most recently as a senior product manager for its investment operations business.
FINBOURNE partners with Tumelo
FINBOURNE Technology, the UK-based fintech, has struck a partnership with investor voting fintech, Tumelo. Integrating Tumelo’s voting technology into FINBOURNE’s cloud-native investment management data management platform, LUSID, will help fund managers better understand and reflect investors’ voting interests. Backed by Fidelity International Strategic Ventures, Tumelo’s API-driven platform delivers fund managers a cost-effective way to provide…
Over, Under, Sideways, Down (RIP Jeff Beck)
2022 laid bare a lot of the industry’s shortcomings. In 2023, leaders need to fix the model. There is an inevitable, perhaps unbreakable, cycle in the investor services industry. We saw it at work in 2022, albeit with some different wrinkles. Here’s how it goes: custodians routinely underprice their core services – or, in some…
Apex partners with Briink for ESG
Apex Group has partnered with Briink, a Berlin-based AI technology company specialising in EU taxonomy and SFDR reporting solutions for fund managers, to enhance its ESG advisory services. Apex’s EU taxonomy solution provides a five-step process, enabling clients to assess and improve taxonomy alignment credentials and prevent greenwashing. Briink’s technology helps Apex’s clients to save…
Equity Trustees appoints new head of super trustee services
Equity Trustees, the Australia-based independent trustee company, has appointed Andrew Godfrey as executive general manager of the superannuation trustees services business. He replaces Mark Blair, who oversaw the growth of funds under supervision from AUD1bn (USD690m) to AUD40bn (USD28bn) over the five years he was in the role. Blair will continue to work with the…
Apex appoints Jersey head
Apex has appointed Alice Read as country head, Jersey. She will report to James Burke, regional head of Northern Europe and Channel Islands. Read joined Apex in 2021 as commercial director. She previously held roles with Intertrust as director of corporate services, Jersey and managing director, Dubai.
Waystone appoints new CRO
Waystone, the Ireland-based service provider to the investment management industry, has appointed Des Johnson as global chief revenue officer. Johnson, who is based in the U.S., was previously CEO for The Americas at Centaur, which Waystone recently acquired. Johnson joined Centaur in 2017 after a long career at Citi and a brief spell at SS&C.