The acquisition of Link Group by Mitsubishi UFJ Trust & Banking Corporation has been completed. Under its new ownership, Link Group will be rebranded as MUFG Pension & Market Services, comprised of two business lines, MUFG Corporate Markets and MUFG Retirement Solutions. MUFG Retirement Solutions has recently opened an office in Hong Kong.
Category: Bank Providers
J.P. Morgan hires ETF SME
J.P. Morgan has hired Ciarán Fitzpatrick as global head of ETF product management, based in Dublin. He was previously at State Street.
Northern to service new ELTIF
Partners Group has appointed Northern Trust to provide fund accounting, transfer agency, depositary and corporate secretarial services for its new European Long Term Investment Fund (ELTIF)-compliant Private Equity Evergreen Fund, structured as a Luxembourg-domiciled SICAV. Based in Switzerland, Partners Group is a private markets firm with USD147bn AuM.
J.P. Morgan launches data solution
J.P. Morgan, which has been consistently behind its peers in the digital and data space, has launched Containerized Data for institutional investors, available through its proprietary client front-end, Fusion. This provides investors with “consistent and enriched” data across business services. Containerized Data is available for a range of data types and sources, such as custody,…
Manaos launches SDR solutions
Manaos, a BNP Paribas investment services platform, has launched a set of reporting and data solutions tailored to help UK managers comply with the SDR regulatory obligations coming into force. The new SDR solutions will assist UK asset managers in meeting their reporting obligations efficiently, providing them with actionable insights on integrating technology, data, and…
CACEIS launches digital assets business line
CACEIS has established a digital assets business line The business, stemming from the Digital Assets Group project with Crédit Agricole CIB, brings together a team of people with expertise in digital asset custody, IT infrastructure design, and related functions such as compliance, legal, and risk management. It is designed to sit alongside CACEIS’ operating model…
Novata raises funds
Novata, a fintech that provides ESG data for private markets investments, has completed a new round of financing from returning investors Hamilton Lane and S&P Global, and a new investor, Motive Ventures, which is backed by affiliates of Apollo Global Management. In 2023 Novata struck a deal with Northern Trust, an investor, to provide its…
U.S. Bank to support Pacer’s European ETFs
U.S. Bank has been appointed to provide fund administration, transfer agency and global custody services for Pacer Financial’s three new European ETFs, which are the European version of three of Pacer’s Cash Cows strategies: Pacer Global Cash Cows Dividend UCITS ETF; Pacer US Cash Cows 100 UCITS ETF; and Pacer Developed Markets International Cash Cows…
Equip Super hires Northern Trust
Northern Trust has been appointed to provide asset servicing solutions, including global custody, fund administration and portfolio analytics services, to Equip Super, an Australian super fund. The transition of services took effect in April 2024. Headquartered in Melbourne, Equip Super offers super, financial advice and pensions to more than 140,000 members across Australia. As of…
Gen II appoints European ops head
Gen II Fund Services, the U.S.-based private assets administrator, has appointed Matt Le Noury as head of European operations, based in Guernsey, C.I. He was part of the Crestbridge PERE business that Gen II recently acquired, and has also worked for Citco and Northern Trust.