Category: Independents

Vistra, the Asia-based business services provider, has appointed David Anderson as country managing director for Singapore. In this newly-created role, he reports directly to Kim Jenkins, COO. He joins from GLG (Gerson Lehrman Group) where he was the managing director, South APAC,

BlackRock has agreed to acquire Preqin, an independent provider of private markets data, for GBP2.55bn (USD3.2bn) in cash. The combination of Preqin with eFront, Aladdin’s private markets solution, brings together the data, research, and investment process for fund managers and investors across fundraising, deal sourcing, portfolio management, accounting, and performance. Preqin will also continue to…

Northern Trust Asset Management (NTAM) has outsourced its ETF business to Waystone ETFs. The single ETF, NTAM’s USD287.4m FlexShares Listed Private Equity UCITS, will now be hosted on Waystone ETF’s ICAV platform. NTAM will continue as the investment manager for the ETF. Northern Trust’s asset servicing unit will continue to act as custodian and administrator.

JTC, the C.I.-based administrator, has announced the acquisition of Hanway Advisory Limited, an independent professional services firm. Hanway provides a full range of outsourced corporate governance and administrative services to UK-listed investment companies. Hanway is JTC’s second UK fund services M&A deal in 2024, following the acquisition of Blackheath Capital Management LLP, a London-based asset…

Goldman Sachs has won the first fund launched by a client in EMEA through the Goldman Sachs ETF Accelerator platform with the listing of a new AI-driven equity ETF on the German market. The AI-Enhanced Eurozone Equities UCITS ETF is aimed at institutional and semi-institutional investors, as well as private investors. Ultramarin GmBH, a tech…

SS&C has signed a long-term agreement with Investment Fund Services Limited (IFS), the ACD and AFM business owned by the UK’s Marlborough group. Under the agreement, SS&C will provide fund accounting, middle-office and transfer agency services for the funds for which IFS acts as ACD or AFM. The funds, which have more than GBP16bn (USD20bn)…