Stuart Cureton has joined SS&C in the UK as a sales director for the asset and wealth management businesses. He spent more than five years at SGSS, and has also worked at HSBC.
Category: Headlines
Equity Trustees wins ETF Sharia mandate
Equity Trustees, the Australia-based administrator, has been appointed responsible entity for two exchange-traded Sharia-compliant funds spanning equity and property. They are believed to be the first Sharia-compliant ETFs on the ASX. The ETFs are listed versions of two managed funds launched earlier this year by Australian-based investment manager, Hejaz Asset Management.
Apex partners with eFront for ESG reporting
Apex has formed a collaboration with BlackRock’s eFront to provide the general partner community with ESG data consulting services. The partnership will provide GPs with a combination of Apex services and eFront’s technology to feed ESG data into eFront’s ESG Outreach solution, launched in 2021 and designed to help private market investors simplify and create…
IQ-EQ hires India chief
IQ-EQ, the Luxembourg-based administration services provider, has appointed Atul Muchhala as executive director in India. He joins IQ-EQ with over 25 years’ experience in the alternative investment fund sector across India, Singapore and the Middle East. He was previously at SS&C, where he spent 15 years.
CACEIS signs MoU with RBC
CACEIS, the asset servicing banking group of Crédit Agricole S.A. and Santander, has signed a memorandum of understanding with Royal Bank of Canada for CACEIS to acquire the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. This would include custody, global custody FX, fund administration, transfer agency, middle…
CIBC Mellon wins First Nations mandate
CIBC Mellon has been selected to provide asset servicing to the First Nations Market Housing Fund (FNMHF), including institutional accounting, custody services, and investment information data access via the enterprise NEXEN platform. FNMHF was developed with input from First Nations communities and organisations across Canada to support financing arrangements for housing on reserve and settlement…
Herakles appoints Apex
Herakles Investment Partners, a U.S.-based private equity investor, has appointed Apex to provide fund administration services. Herakles is focused on investing in both private and public upper mid-market Sub-Saharan African companies.
Vistra hires in Luxembourg
Vistra, the Singapore-based administrator, has appointed Philippe Lanciers as commercial director for Luxembourg. He joins from Arendt Regulatory & Consulting.
Standard Custody adds to board
Standard Custody & Trust Co., the digital asset custodian owned by PolySign, has appointed Matthew Homer to its board of directors. Homer was the inaugural executive deputy superintendent for the research and innovation division at the New York Department of Financial Services (NYDFS), where his responsibilities included cryptocurrency and digital assets.
Deutsche Bank claims first in China
Deutsche Bank claims that it has struck its first local fund custody deal in China with an unnamed client. The mandate is to provide custody services for a Chinese fund management company to facilitate its QDII investment. Deutsche Bank says it acts as both local custodian in China as well as offshore custodian for this…