Brian Godins has stepped down as head of HSBC’s securities services business in Asia Pacific and MENAT. He will move back to the UK from Hong Kong. Godins joined HSBC in 2007. No successor has yet been announced.
Richard
Equity Trustees appointed as RE for U.S. REIT
Equity Trustees, the Australian administrator, has been appointed as Responsible Entity for the first public market offering from Auctus Investment Group Limited. The US Student Housing REIT (ASX:USQ) will focus on investing in off-campus US student housing adjacent to large top-tier US public universities with the aim of generating long term, reliable returns. It will…
Apex wins Chinese PE mandate
Apex has been appointed by Starlight Capital, a Chinese venture capital firm, for fund administration and corporate services. Starlight Capital was founded in 2021 by Tao Tang who is the co-founder of Eastern Bell Capital. Starlight focuses on B2B enterprise services within the digital economy.
Alter Domus reports higher AuA
Alter Domus, the Luxembourg-based provider of solutions for the alternative investment industry, has reported assets under administration (AuA) have risen to over USD1.6trn in the 12-month period ending January 2022. In the U.S., Alter Domus’s assets have increased by USD360bn (>50pct increase) over the same period. Alter Domus now serves 25 of the world’s top…
Centaur hires in Luxembourg
Centaur Fund Services, the Ireland-based administrator, has appointed Kevin McFadden as head of investor services, Luxembourg. He will report to Centaur’s CEO of Luxembourg, Antonio Frias, leading a team responsible for maintaining relationships with investors and analysts, and providing them with specialist accounting, investor relations, customised reporting and day-to-day management of their funds. He joins…
Ocorian expands with eFront
Ocorian, the C.I.-based administrator, has selected BlackRock’s eFront for its global funds administration platform Ocorian has a long-standing relationship with eFront and will add new capabilities such as fund administration, investor services, AIFM and depositary-lite services. In addition to using eFront for its central administration and transfer agency support, Ocorian will leverage the platform for…
Copper hires COO
Copper, the UK-based provider of custody and prime services for digital assets, has appointed Sabrina Wilson as chief operating officer. She was previously at Citi, where she was the global co-head of the futures, OTC clearing and FX prime brokerage business.
Eruch Mody joins BNY Mellon
Eruch Mody has joined BNY Mellon‘s asset servicing business in a senior relationship management role. Mody spent nearly 12 years at BBH, most recently as a senior relationship manager in the investor services business. At BNY Mellon, he will be part of the global investment managers team run by Irene Speridakos.
TMF stops services for Russian clients
TMF Group, the Netherlands-based provider of compliance and administrative services, has become the first independent administrator to publicly announce that it will stop services to Russian clients. In a statement, TMF said: “Given the complex interplay between individuals, institutions and government in Russia, TMF Group has decided to exit all work for clients with a…
Capital Group selects State Street for new ETF range
Capital Group, the U.S. manager with USD2.7trn AuM, has appointed State Street as custodian, transfer agent and administrator for its first suite of active, transparent ETFs, recently listed on the New York Stock Exchange. The six ETFs include one fixed income core plus income strategy, three equity strategies that invest primarily in the U.S., and…