Universal Investment Group has appointed Antonio Soler as chief commercial officer. Soler will join the UI Group’s management board, reporting to Francesca McDonagh, group CEO. He will lead the group’s commercial strategy, overseeing all activities across sales, relationship management, fund distribution, marketing & external communications, and sales enablement. He joins from Vistra, where he most…
Category: Headlines
Mediolanum appoints BNPP in Spain
BNP Paribas has signed an exclusive agreement with Banco Mediolanum to become the new depositary bank for Banco Mediolanum in Spain, representing a total value of >EUR4.7bn (USD5.5bn) of assets under depositary across 10 investment funds. This integration expands BNP Paribas’ existing relationship with Mediolanum Group in Europe, including services already provided in Ireland and…
Allfunds and Apex collaborate on alts
Allfunds Blockchain and Apex Group have formed a strategic collaboration that enables the full digitisation of the operating model for alternative investment funds, leveraging blockchain technology to streamline fund administration and transfer agency processes. The solution delivers real-time execution, enhancing operational efficiency and data integrity for both the fund administrator and the transfer agent.
SimCorp moves ahead with alts business
SimCorp, the Deutsche Börse-owned fintech, has appointed Hugues Chabanis to the newly-created role of head of SimCorp Alternatives, as the company focuses on the growing importance of innovative solutions within private markets. Chabanis, who has been with SimCorp for 10 years, will also become COO of Domos by SimCorp, the Paris-based organisation SimCorp acquired earlier…
DTC to tokenise real-world assets
DTC, a subsidiary of DTCC, has received a No-Action Letter from the Securities and Exchange Commission to offer, under federal securities laws and regulations, a new service to tokenise real-world, DTC-custodied assets in a controlled production environment. DTC anticipates beginning to roll out the service in the second half of 2026. The No-Action Letter authorises DTC…
UI launches active ETF platform
Universal Investment Group, the Germany-based fund services platform and Super ManCo, has launched its active ETF offering. The new platform enables asset managers and fund initiators to launch active UCITS ETFs with efficient time-to-market, regulatory certainty, and full operational support. Universal Investment is already working on customised active ETF structures as well as a white-label…
Maples advises ORIX on new PE fund
The Maples Group has advised and supported ORIX Corporation, a Japanese financial services firm, on the launch of a USD2.5bn Japan-targeted private equity fund, in partnership with Qatar Investment Authority. This is the first time that ORIX has launched a fund with capital from an international third-party investor for domestic private equity investment in Japan.…
GPF appoints StanChart in Thailand
The Government Pension Fund (GPF) in Thailand has appointed Standard Chartered as its domestic custodian, responsible for the safekeeping of GPF’s domestic assets and sub-funds. Under the five-year mandate, the bank will provide services including asset safekeeping, settlement, corporate actions, cash management, and portfolio valuation. The domestic assets under custody are approximately THB1trn (USD31.7bn). GPF…
BBH wins HK ETF mandate
BBH has been appointed as custodian and administrator for a new ETF launched by ICBC UBS Asset Management (International) Company Limited (ICBCUBSI) in partnership with Krane Funds Advisors, LLC, domiciled in Hong Kong Brown Brothers Harriman Trustee Services (Hong Kong) Limited serves as trustee and registrar. The ICBC UBS KraneShares KWEB CSI China Internet ETF will…
Ultimus completes SCS fund conversion
Ultimus Fund Solutions has completed the final phase of a conversion of 49 hedge and private equity funds for SCS Financial to the Ultimus operating framework. SCS, a wealth and investment firm serving UHNW families with USD54bn AuM and advisement, initially partnered with Ultimus two years ago to design a new scalable operating model to…