Sabrina Li has joined TMF Group, the Netherlands-based professional services firm, to lead its fund administration business in China and Taiwan. Li joins from State Street.
Category: Headlines
HSBC to administer new HK/China cross-listing ETFs
HSBC has been appointed trustee, custodian and fund administrator for the first two ETFs in Hong Kong under the cross-listing scheme between Hong Kong and mainland China. Financial regulators in both markets have authorised Hang Seng Investment Management and CSOP Asset Management to launch Hang Seng Harvest CSI 300 Index ETF and CSOP Yinhua CSI…
Kieger appoints Northern Trust to administer Lux funds
Kieger AG a Swiss-based asset manager, has appointed Northern Trust to provide fund administration, global custody, depositary and currency management services for its Luxembourg-domiciled funds. Founded in 2000, Kieger manages assets focused on healthcare, sustainability, private equity and multi-asset portfolios. Its Luxembourg funds are structured as SICAVs and FCPs.
Ocorian hires Ben Hill as Guernsey MD
Ocorian, the C.I.-based administrator, has appointed Ben Hill as managing director of its Guernsey office. He joins from Northern Trust, where he was managing director of the firm’s fiduciary business in Guernsey.
SHUAA Capital appoints Apex to support new GCC fund
Apex has been appointed to provide fund administration to the USD200m Financing Opportunities Fund of SHUAA Capital psc, an asset management and investment banking platform based in the UAE. Apex will deliver services including financial reporting, investor communication, capital transactions and accounting support. SHUAA has USD13bn in AuM.
Ultimus supports innovative PE interval fund for Primark
Ultimus Fund Solutions has supported the launch of Primark Private Equity Investments Fund, an interval fund that focuses on private equity and gives non-accredited retail investors access to private equity market investment opportunities. The fund was launched by Primark Capital through a Delaware statutory trust. Ultimus facilitated the fund launch and provides daily administration, accounting…
21Shares appoints Sudrania for ETP support
21Shares, a Swiss asset management firm, has selected Sudrania Fund Services to provide fund and portfolio accounting services for its digital asset ETPs products on the SIX Swiss Exchange. Sudrania will provide daily NAVs as well as reporting and data management.
Citi to service REITs ETF for Samsung AM in Hong Kong
Citi has been appointed by Samsung Asset Management (Hong Kong) Limited to provide custody, fund administration and trustee services for the first pure real estate investment trusts (REITs) ETF to be set up and listed in Hong Kong. Samsung launched its S&P High Dividend APAC ex NZ REITs ETF on the Hong Kong Stock Exchange…
MJ Hudson to acquire Bridge Group in Ireland
MJ Hudson, the UK-based asset management consultancy, has acquired Bridge Group, a funds service provider based in Ireland, subject to Irish regulatory approval. The acquisition will build on MJ Hudson’s specialist funds operations in UK, Luxembourg and Guernsey. Bridge Group is a Dublin-based provider of specialist support services to the funds sector. IT offers regulatory…
Ocorian hires Jason Gerlis as Americas regional head
Ocorian, the C.I.-based administrator, has hired Jason Gerlis as regional head of Americas, based in the U.S. He joins from TMF, where he was global head of consultancy solutions.