HSBC has been appointed by CSOP Asset Management, the Chinese asset manager, as service provider for the CSOP Saudi Arabia ETF, Asia’s first ETF tracking the performance of Saudi Arabian equities.
RBSI hires new Lux chief
Daniela Klasen-Martin has been named head of RBS International Luxembourg. She will join in February 2024, subject to regulatory approval. She replaces Ian Harcourt, who became RBS International’s country head Luxembourg in 2018. Klasen-Martin was previously CEO of Credit Suisse Fund Management and head of fund platform services. Before that, she worked at private equity…
USask expands with CIBCM
CIBC Mellon has been chosen to provide asset servicing solutions to the University of Saskatchewan’s (USask) endowment fund, including custody, institutional accounting, foreign exchange processing and settlement services, and digital solutions including automated tools. This mandate builds on CIBC Mellon’s existing asset servicing relationship with USask.
Ultimus expands mandate with Fuller & Thaler
Ultimus Fund Solutions, the U.S.based independent provider of fund administration services, has supported the launch of the Fuller & Thaler Behavioral Mid-Cap Equity mutual fund with longtime partner, Fuller & Thaler Asset Management. This will be Fuller & Thaler’s seventh mutual fund administered by Ultimus during their 10-year partnership.
Imperium promotes three to board
Imperium, the C.I.-based fund administrator, has appointed Andy Hatton, Colette Taylor and Charlotte Parr to the Imperium Fund Services Limited board of directors. Colette Taylor is Imperium’s head of fund accounting, whilst Andy Hatton and Charlotte Parr are both client services directors.
Northern Trust confirms Nordic head
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.
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.