Following the appointment of Dennis Burgers as co-head of EMEA sales for J.P. Morgan’s investor services business, Michelle Butler has been confirmed as the other co-head. Butler was previously head of sales for UK & Ireland, having joined from HSBC at the beginning of 2022. This follows the recent hiring of BNY Mellon’s Ileana Sodani…
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CIBC Mellon wins cancer fund mandate
CIBC Mellon has been chosen to provide asset servicing solutions, including custody, institutional accounting, unitisation services, FX processing and settlement services, and investment information data access via the NEXEN platform, to the Princess Margaret Cancer Foundation (PMCF). The PMCF raises funds that accelerate cancer research, education and clinical care, in support of patients at Princess…
Northern Trust hires senior RM from AMX
Nicola Gerety has joined Northern Trust as a senior relationship manager. Based in London, she is responsible for relationships with global investment management clients, and oversight of the strategic direction of services offered to ManCo clients across Europe. She joins from the Asset Management Exchange, which was recently acquired by Carne.
J.P. Morgan appoints co-head of EMEA sales
Dennis Burgers has been appointed co-head of EMEA sales for J.P. Morgan’s investor services business. He was previously head of sales for the Benelux region. He is based in the Netherlands.
Apex appointed by Laguna Bay
Apex has been appointed by Laguna Bay, an agri fund manager, for fund administration services. Laguna Bay is a full-service fund management and direct investment platform specialising in food and agriculture. Apex has been appointed to provide fund administration services to Laguna Bay Fund 2, which is set to raise up to AUD1bn (USD672m) for…
CACEIS buys stake in Fund Channel
Amundi and CACEIS have strengthened their strategic agreement to accelerate the development of Fund Channel, the B2B fund distribution platform. CACEIS will purchase 33.33pct of Fund Channel’s share capital while Amundi remains the majority shareholder. Fund Channel is the fourth-largest European B2B fund platform, offering access to over 600 fund managers and connecting with more…
Circle Eleven partners with AssetMetrix
Circle Eleven, the Germany-based private equity boutique, is partnering with AssetMetrix, in which BNP Paribas has a strategic stake, to enhance its investor communications. As part of the collaboration, AssetMetrix has been appointed to implement and maintain a bespoke online investor portal. Circle Eleven was founded as a platform for private equity fund investments in…
Gen II hires from JPMAM
Sarah Dygulski has joined Gen II Fund Services as head of transformation and business management, based in the U.S. She was previously at J.P. Morgan Asset Management. Gen II has c. USD900bn of private capital assets under administration.
HQLAx collaborates with Wematch
HQLAᵡ, the distributed ledger for securities finance and repo, and Wematch, a fintech company offering web-based tools and solutions to enhance the dealing process, has formed a collaboration to enhance the mobility of collateral assets in securities finance transactions. This will pave the way for any of the 90 legal entities and 900 traders already…
BNPP hires head of A&NZ for securities services
BNP Paribas Securities Services has appointed Daniel Cheever as head of securities services for Australia and New Zealand. He joins from State Street where he was most recently head of global services for Australia. Based in Sydney, he reports to Franck Dubois, head of securities services Asia Pacific at BNP Paribas, and Karine Delvallée, CEO…