Northern Trust Asset Servicing has confirmed Petra Sjögerås as head of Nordic region, based in Stockholm. She joined in 2022 from SEB, and has been acting head of Nordics since April 2023. This follows the recent appointment of Mikkel Mördrup as head of sales for the region.
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Waystone confirms group COO
Nick Wheeler has been confirmed as group COO at Waystone, the European ManCo and fund services provider. He has been interim COO since the board removed its CEO, CFO and COO earlier this year.
Eley Griffiths appoints Equity Trustees
Eley Griffiths Group, an Australia-based investment manager, has appointed Equity Trustees to be the responsible entity (trustee) of its new fund, the Eley Griffiths Group Mid Cap Fund.
JTC to acquire Blackheath
JTC, the C.I.-based fund and corporate services business, has agreed to acquire Blackheath Capital Management LLP, an asset management business based in the UK. The transaction is subject to various closing conditions and final regulatory approvals and is expected to close during Q1 2024. Formed in 2010, Blackheath provides bespoke management and regulatory oversight services…
Paret joins ULTUMUS
Guillaume Paret has joined ULTUMUS, the provider of ETF and Index data services that is owned by SIX, as senior business development manager. He was previously at MSCI.
Citi shakes up securities services management
Following its corporate shake-up in September, Citi’s business units are now undergoing significant change. Under the continued leadership of Okan Pekin, the securities services business has already made some initial moves, with a number of senior management changes that align the unit with the corporate direction and structure. Some notable changes include: a new global…
BBH appoints Krakow co-heads
BBH has appointed co-heads of its Krakow, Poland office. Tim O’Brien and Rafal Grzech assume responsibility as co-heads and co-chairs of the Krakow ExCo, overseeing the service delivery and systems functions for investor services in Krakow. They replace Haluk Akdemir, who retires after a 29-year career at BBH. O’Brien oversees service delivery for Krakow, whilst…
Daron Pearce launches tokenisation platform
Daron Pearce, who spent 20 years at BNY Mellon before founding his own business in 2021, has launched Tokenbridge, a tokenisation platform which is “set to redefine the landscape of wealth and fund management”.
SimCorp launches performance solution
SimCorp has launched a cloud-native performance attribution solution. This service is the inaugural offering under SimCorp’s Investment Analytics Platform, providing investors with the capability to swiftly calculate performance attribution in real-time and on the fly.
BNPP to integrate HSBC’s hedge fund admin business
BNP Paribas’ securities services business has signed an exclusive agreement to integrate HSBC’s hedge fund administration business. The agreement covers HSBC’s hedge fund administration business, to be transferred to BNP Paribas’ entities in several markets, including Hong Kong SAR, Singapore, Ireland, and Luxembourg. The transfer of services from HSBC to BNP Paribas will be offered…