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Showing 51 - 60 of 286 results for "Fund administration"

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
... additional $20 million over 18 months if certain milestones are met. Last year, Iress also sold its managed fund administration business to SS&C Technologies for $52 million. The current effective interest rate across Iress' drawn borrowings is approximately ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... been appointed as fund administrator and custodian to Perennial Partners. It now provides global custody, fund administration and ETF administration services to all Perennial's funds and in 25 markets. "HSBC's ongoing investment has enabled Perennial ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
MSC Trustees has acquired Certane Corporate Trust, the fund administration and corporate trustee business formerly owned by the now-defunct Sargon Capital. Following the transaction settlement on January 12, MSC Trustees now has some $30 billion in ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
BNP Paribas Securities Services has signed an exclusive agreement to take on HSBC's hedge fund administration business. The transfer of services from HSBC to BNP Paribas will involve the integration of certain employees within BNP Paribas' expert teams ...

'Critical shortcomings' demand urgent action from trustees: APRA

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
... risks in end-to-end processes, ensure the continuity of critical operations like investment management and fund administration during severe disruptions, and responsibly manage risks linked to third-party outsourcing. However, Cole singled out cyber ...

Blackwattle selects Apex Group for administration

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... amid the launch of its first four funds. Apex Group will provide the new boutique with technology-enabled fund administration, transfer agency, middle office and custody solutions. "From day one at Blackwattle we are committed to open and transparent ...

Northern Trust appoints APAC head of global fund services

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... president Toby Glaysher, she will be responsible for overseeing services to global investment managers including fund administration, depositary, global custody, transfer agency, investment operations outsourcing and data solutions. "We are pleased to ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... of FI&C client line. He will reside in Hong Kong. Meanwhile, Wootton bring over 25 years of experience in fund administration, investment management, stockbroking, and the securities services industry. He was previously regional head of local custody ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... franking) that exceeds the gross dividend yield of the benchmark. Apex Group has been appointed to provide fund administration, transfer agency and custody services, alongside trustee to the fund K2 Asset Management. Already this year, Apex Group has ...

Yarra Capital awards admin, custody mandate

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
... public or conduct a sales process within a three-year time horizon. Apex Group has been appointed to provide fund Administration, transfer agency and custody services, for the closed-ended vehicle. The appointment follows Apex Group's continued growth ...