FundRock, the Luxembourg-based administrator, has appointed Simon Gunson as managing director of its UK entity, FundRock Partners Ltd. He joins from Citi.
Category: Offshore
Crestbridge granted fund admin licence in Luxembourg
Crestbridge, a C.I.-based administrator with USD120bn AuA, has been granted a fund administration licence in Luxembourg. The new licence enables Crestbridge to provide a broad range of fund administration services from Luxembourg, complementing its ManCo business.
Niccolo Polli to head HSBC Securities Services in Luxembourg
HSBC Securities Services has appointed Niccolo Polli as head its Luxembourg business. Polli will continue in his current role as head of Luxembourg for HSBC. He replaces Nick Maton, who is understood to be leaving the bank.
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.
HSS appoints Ciara O’Sullivan as head of trustee & depositary In Ireland
HSBC Securities Services has appointed Ciara O’Sullivan as head of trustee and fiduciary services in Ireland. She joins from Duff & Phelps, where she spent nine years as a director in the regulatory consulting team, and previously worked at Brown Brothers Harriman in several roles, including European compliance officer and head of depositary.
Ocorian authorised to act as AIF depositary in Lux
Ocorian, the C.I.-based administrator, has received authorisation to act as a depositary to alternative investment funds in Luxembourg. Ocorian already offers depositary services in UK and Jersey.
SGSS to service Italian healthcare fund for Primonial
Société Générale Securities Services in Italy has been mandated by Primonial Luxembourg Real Estate to provide depositary and fund administration services for its Primonial Italian Healthcare Fund. Primonial is an independent asset manager based in France.
David Suetens steps back from Lux role with State Street
After seven years at State Street, David Suetens has decided to take a step back, “for personal reasons”. Suetens will be replaced in his role as head of State Street’s Luxembourg businesses by Eduardo Gramuglia Pallavicino, but will continue in his role as a supervisory board member and chair of the risk committee of State…
Daiwa AM hires Lemanik as ManCo for Lux UCITS funds
Lemanik Asset Management, a third-party management company, has been appointed by Daiwa Asset Management to provide ManCo services for a newly launched range of Luxembourg UCITS funds. RBC was recently appointed as custodian and administrator for the funds.
IQ-EQ hires in Cayman, Japan
Two appointments at IQ-EQ, the Luxembourg-based administrator. Hiroki Allen joins the Tokyo office as director, funds for Japan. He was previously at Bloomberg and has also worked at BNY Mellon. Tedrick Green has joined the Cayman Islands business as client director. He was previously at Walkers.