Amundi has launched its first tokenised share of the AMUNDI FUNDS CASH EUR money market fund. The first transaction took place at the beginning of November, and the fund is now distributed in a hybrid manner: it remains accessible in the traditional way and via the tokenised share AMUNDI FUNDS CASH EUR – J28 EUR…
Category: Bank Providers
Jill Evans joins TMF
Jill Evans has joined TMF, the Netherlands-based private markets administrator, as managing director of consultant relations and business development for North America and the Caribbean. She was previously at Capco, and spent nearly seven years at Citi, most notably as head of consultant relations for the securities services business, as well as acting as an…
Nick Emmins RIP
I am saddened to have to report the death of Nick Emmins. Nick worked for BNP Paribas before a seven-year stint at RBC Investor Services, where he led development of its fund trading platform, GFP. After a brief spell at Allfunds Nick carved out a highly successful career as an iNED, working with clients that…
Northern Trust wins AJ Bell mandate
Northern Trust and Carne Group have been appointed by AJ Bell, a UK-based asset manager and investment platform provider, to provide asset servicing and ACD services. Northern Trust will provide custody, depositary and fund administration services for AJ Bell’s in-house managed funds, with Carne as the funds’ ACD. The funds have a combined AuM of…
Ninety One implements Alpha
Ninety One, a South Africa-based investment manager specialising in active strategies across emerging and developed markets, has implemented the State Street Alpha front-to-back platform. This implementation builds on a relationship established in 2004, which has expanded to include middle and back office services and integrated trading solutions.
BNPP adds to UK teams
The securities services business of BNP Paribas has appointed Cleyde Hazell as head of client line for institutional investors, UK and Middle East, to support its alternative investments business. Based in London, Hazell will drive the institutional investors client segment strategies covering alternatives, asset owners, asset managers. She rejoins BNP Paribas with over 25 years…
Behan joins FundGuard
FundGuard, the cloud-native investment accounting platform that has been adopted by Citi and State Street, has appointed Simon Behan as chief commercial officer. He has previously held commercial leadership roles at Finbourne, Ocorian, Virtus Partners, Deutsche Bank and BNY.
Northern Trust wins Osmosis mandate
Northern Trust has been appointed by Osmosis Investment Management NL B.V. to provide middle office support including investment operations outsourcing, collateral management and currency management. Osmosis NL is an affiliate of UK-based Osmosis Investment Management UK Limited.
BBH to support Pictet ETFs
Pictet Asset Management has launched its firs three U.S.-domiciled ETFs. BBH has been appointed to support these actively-managed funds.
Broadridge hires Street
Broadridge has appointed Richard Street as head of international sales. Based in London, he will report to Mike Sleightholme, president of Broadridge International. Prior to joining Broadridge, Street was chief revenue officer & head of business development at a portfolio of specialist fintechs, and has also worked at at RBC Investor and Treasury Services, and…