IQ-EQ has been granted a licence to offer fund administration services in the Dubai International Financial Centre (DIFC). This follows the opening of IQ-EQ’s office in the DIFC in 2023, and the granting of its licence to offer corporate services. The fund service licence will allow IQ-EQ to offer its full suite of investor services…
Year: 2024
Australian Ethical appoints CRD
Australian Ethical Investment has selected the Charles River Investment Management Solution to automate its front and middle office processes for its entire investment portfolio. Australian Ethical will use Charles River IMS for portfolio and risk management, trading, compliance, performance measurement and attribution, IBOR, and transaction management. It will also use the State Street Alpha Data…
Outset Global selects HUB
Outset Global has selected HUB to provide a SaaS solution to manage its operations. Outset Global, an outsourced trading provider, is using HUB to produce and oversee key metrics, meet custom internal and client reporting needs, and help make key business decisions.
FundGuard launches implementation training
FundGuard, the provider of a cloud-native, AI-powered multi-asset and multi-book investment accounting platform, has launched an implementation partner training program. Meradia, an operations and technology consultant for the investment management industry, is the first client.
J.P. Morgan adds private markets data to Fusion
J.P. Morgan has launched Private Markets Data Solutions for institutional investors, available through Fusion by J.P. Morgan. This is a data management solution for private assets that enables investors, both GPs and LPs, to analyse and gain transparency into their complete portfolio across public and private holdings. Fusion has incorporated data from Aumni, J.P. Morgan’s…
Artemis outsources trading to NTRS
Artemis, a UK-based asset manager with >GBP25.8bn (USD33.1bn) AuM, has appointed Northern Trust’s Integrated Trading Solutions to provide outsourced trading services. The appointment expands the capabilities to be provided by Northern Trust to Artemis. In 2023, Northern Trust was selected by Artemis to provide a range of services including investment operations solutions, fund administration, depositary,…
Carne appointed for new AXA fund
Carne, the European third-party ManCo and provider of fund regulation and governance solutions for the asset management industry, has been appointed as ManCo for AXA Investment Managers’ new Euro Long Term Credit Fund. This is the Irish UCITS, euro-denominated equivalent of AXA IM’s Sterling Long Term Credit Fund, providing institutional clients with long-term exposure to…
Northern Trust links with Hamilton Lane
Northern Trust has entered into an agreement with Hamilton Lane, a private markets investment management firm, to provide its proprietary software Cobalt LP and integrated services to Northern Trust’s asset servicing clients. Under the agreement, Northern Trust will offer clients access to Hamilton Lane’s private market data, analytics, and tools through its suite of Northern…
Apex buys in Chile
Apex is to acquire Finix Group, a Chile-based financial services company.In 2020, Finix Group merged with Compass Group’s fund administration business, consolidating Finix Group in the third-party asset management industry with >USD10.5bn AuA. The addition of Finix Group adds around 100 employees to Apex.
Manaos links to ResearchPool
Manaos, the BNP Paribas-owned ESG platform, has established a deal with ResearchPool, designed to deliver a comprehensive suite of tools that help institutional investors log, monitor and report on ESG engagement. This partnership will integrate engagement data with reporting solutions required for compliance with EET, LEC29, and SRI Label standards. By leveraging ResearchPool, investors can…