Carne Group, the European provider of fund regulation and governance solutions for the asset management industry and Europe’s largest third-party management company, has appointed John Cotter as its new chief financial officer. He joins Carne’s board and executive committee, reporting to John Donohoe, the group’s founder and CEO. He joins from Wells Fargo Bank International.
Category: Headlines
TCW expands with State Street
State Street and TCW have expanded their decades-long partnership that now includes the provision of middle office services. This engagement builds on and grows the existing services that State Street continues to provide TCW, including administrative and custody services to support TCW’s public and private fund complexes and capital for TCW’s alternatives platform. TCW will…
BNPP moves Kasparian to UK
BNP Paribas’ securities services business has appointed Julien Kasparian as its regional head for the UK and Middle East, subject to regulatory approvals. He was most recently head of Hong Kong SAR for securities services, and will hand over his former responsibilities to Laure Ly, previously head of client development, Greater China, for securities services.…
FundBank hires from State Street
FundBank, a provider of banking solutions to the alternatives sector, has appointed Marcia Rothschild as senior managing director, head of business development. Rothschild joins from State Street, where she was head of LatAm and the Caribbean.
Atkinson emerges at Euroclear
Neil Atkinson has joined Euroclear as a global client executive, based in London. He was previously at HSBC.
Apex hires Abu Dhabi SEO
Apex has appointed Sonja Suessenbach as head of Abu Dhabi. She was previously at Lombard Odier.
Kaleido appoints RBC
RBC Investor Services has been selected as custodian and fund accountant for Kaleido Growth Inc. and its IDEO+ registered education saving plans (RESPs) and legacy funds. This agreement marks the first between Kaleido Growth Inc. and RBCIS.
Waystone to service Avantis ETFs
Waystone, a European provider of specialist services to the global asset management industry, has been appointed as ManCo by American Century Investments for its first European ETFs. The two UCITS ETFs – Avantis Global Small Cap Value UCITS ETF and Avantis Global Equity UCITS ETF – have been launched under American Century’s quantitative investment unit,…
Apex completes NZ acquisition
Apex has completed its acquisition of Trustees Executors’ custody and investment accounting business. The deal will add 37 new employees and NZD55bn (USD34bn) AuC/A to Apex in New Zealand.
SS&C launches AI platform
SS&C has launched SS&C Accord, an AI-enabled service to help wealth managers aggregate and validate their clients’ alternative investment data. SS&C Accord leverages SS&C’s wealth management and alternative investment fund administration expertise to help advisors aggregate and process siloed data across their investors’ portfolios. Wealth managers, RIAs, pension funds, endowments and family offices can view…