Victorian Funds Management Corporation (VFMC) has selected BNY Mellon’s Eagle Data Management product to underpin its data and IT transformation strategy. The solutions, hosted on Eagle ACCESS, a secure private cloud, also include a managed services agreement to integrate, clean, enrich and validate multiple sources of investment data into one centralised location and help manage…
Category: Mandates
Fondo.Fon.Te. appoints SGSS as depositary in Italy
SGSS in Italy has been selected as depositary by Fondo Fon.Te., the collectively agreed supplementary pension fund for employees of businesses in the tertiary sector (commerce, tourism and services), the third largest in Italy by assets under management, with a total of EUR4bn.
Northern Trust to service Corry Capital Advisors’ U.S. commingled funds
Northern Trust has been appointed by Corry Capital Advisors (CCA) to provide fund administration and related services for its U.S. commingled funds. Pittsburgh-based CCA appointed Northern Trust earlier this year to provide fund administration and depositary services for Irish-domiciled funds. With approximately USD1.3bn AuM, CCA invests in non-contestable life insurance policies.
State Street confirms expansion of relationship with VanEck to include ETFs
State Street has confirmed that it has expanded its servicing arrangement with VanEck, the New York-based manager, to provide ETF services for nearly USD40bn of assets. As part of this arrangement State Street will provide a variety of back office services, including accounting and certain administration functions, for more than 60 VanEck funds. BNY Mellon…
NES to service new OZ fund for Synergy Financial
NES Financial, the Silicon Valley-based administrator, has been appointed to provide its Opportunity Zone fund administration solution to Synergy Financial, a real estate investment firm based in Boston.
Equity Trustees adds to State Street mandate in Australia
Equity Trustees, an Australian trustee company, has appointed State Street for custody and investment administration services for funds managed by Equity Trustees Wealth Services Limited. State Street will provide custody, fund accounting, regulatory reporting, compliance and tax services across a range of managed investment schemes and trusts.
Equity Trustees expands relationship with State Street in Australia
Equity Trustees, an Australian trustee company, has appointed State Street for custody and investment administration services for funds managed by Equity Trustees Wealth Services Limited. State Street will provide custody, fund accounting, regulatory reporting, compliance and tax services across a range of managed investment schemes and trusts.
Lemanik selected by E Fund HK as ManCo for Lux SICAV
E Fund Management (Hong Kong) Co., Limited has selected Lemanik Asset Management S.A. as the management company for its Luxembourg SICAV. The fund was launched in 2015. E Fund, the parent company of E Fund HK, was founded in 2001 and is headquartered in Guangzhou.
Atwater Capital appoints Socium as administrator
Socium Fund Services, a U.S.-based administrator focused on private capital, has been hired by Atwater Capital, LLC, a private investment firm that provides equity capital and debt financing in the media and entertainment sectors. Socium will provide operational and fund administration services.
TIG Advisors selects SS&C Geneva for portfolio accounting
Tiedemann Investment Group (TIG Advisors), a U.S.-based alternative investment advisor, has selected SS&C Geneva for portfolio accounting. TIG Advisors is also using SS&C Eze OMS for order management and compliance.