Frontier Asset Management, a U.S.-based firm, has selected SEI’s Advisors’ Inner Circle Fund series trust as its operational platform to launch six new active ETFs.
Richard
NTRS hires from HSBC
Northern Trust has hired Alistair Bentivoglio as global head of enterprise change management, based in the UK. He was previously at HSBC.
CA to buy out Santander stake in CACEIS
Crédit Agricole S.A. and Santander have entered into an agreement for the acquisition by Crédit Agricole of Santander’s 30.5pct stake in CACEIS. Following the proposed transaction, Crédit Agricole will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take…
Allvue acquires PFA
Allvue Systems, LLC, a fintech provider of alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital.
Citi launches CSLA in Asia
Citi has struck an innovative deal with Maybank Securities in Singapore, enabling Maybank Securities to facilitate the lending of retail clients’ global equity holdings using Citi’s platform, Citi Securities Lending Access. Maybank Securities will leverage its position in Singapore and its large ASEAN client base to utilise the CSLA platform. Launched in 2021, CSLA combines…
Ocorian acquires in U.S.
Ocorian, the C.I.-based provider of fund and corporate administration services, has acquired EdgePoint Fund Services, a U.S.-based fund administrator providing fund administration services to U.S. fund managers across private markets.
Conway joins SimCorp board
Jeff Conway has joined the board of directors at SimCorp, the Deutsche Börse-owned fintech. Conway spent more than 30 years at State Street, where he was a long-standing member of the firm’s management committee and held positions including head of global delivery and business transformation, as well as CEO for EMEA.
Octopus appoints NatWest TDS
NatWest Trustee and Depositary Services has been appointed by Octopus Investments to support a range of the firm’s existing funds worth almost GBP2bn (USD2.5bn). NatWest TDS will provide independent depositary services.
CSC builds FCM team
CSC has expanded its newly combined funds and capital markets (FCM) division with the appointments of John Hebert and Venkat Srinivasan. Hebert will extend his current role to incorporate funds, moving from president of global capital markets to become president of the FCM division. Srinivasan has been appointed global head of funds and enterprise capabilities,…
Premier selects PAXUS
Premier Financial Services Limited, a Mauritius-based management and trust company, has selected PAXUS, the Apex-owned fintech, as its platform provider to support its recently launched fund administration business line.