JTC, the C.I.-based administrator, has announced the acquisition of Hanway Advisory Limited, an independent professional services firm. Hanway provides a full range of outsourced corporate governance and administrative services to UK-listed investment companies. Hanway is JTC’s second UK fund services M&A deal in 2024, following the acquisition of Blackheath Capital Management LLP, a London-based asset…
Category: Headlines
State Street wins further ETF mandates for Capital
Capital Group has launched seven new equity and fixed income ETFs that seek to complement and expand its existing suite of active ETFs, bringing the current total to 21 ETFs. State Street, which is an existing ETF service provider for Capital, has been appointed as administrator and transfer agent for the new funds.
Goldman Sachs supports AI ETF launch
Goldman Sachs has won the first fund launched by a client in EMEA through the Goldman Sachs ETF Accelerator platform with the listing of a new AI-driven equity ETF on the German market. The AI-Enhanced Eurozone Equities UCITS ETF is aimed at institutional and semi-institutional investors, as well as private investors. Ultramarin GmBH, a tech…
Speridakos retires
Irene Speridakos has announced her retirement. Most recently, she was global head of investments managers at BNY, after spending more than eight years at State Street.
Baird selects Confluence analytics solution
Baird, the employee-owned, international wealth management, asset management, investment banking/capital markets and private equity firm, has selected PARis, the portfolio analytics solution from Confluence. PARis will enable Baird to service its institutional clients with data aggregation efficiencies, analytics, and flexible reporting capabilities to support different institutional client types on a single platform. With PARis, data…
BBH expands data solutions team
BBH has added to its Infomediary Data Solutions sales and relationship teams in the U.S. and Europe. The growth of the team follows BBH’s recent launch of an expanded suite of data solutions aimed at streamlining the operating models of asset managers, asset owners, and financial institutions. Laura Ghaemian joins as a senior sales manager…
State Street wins in Brazil
State Street has been appointed by Bahia Asset Management, a hedge fund manager based in Rio de Janeiro, to provide a range of services including fund accounting, fund administration and investor servicing.
Confluence launches new regtech platform
Confluence, the fintech for regulatory, analytics, and investor communications for the investment management industry, has launched Omnia, its next-generation regulatory reporting platform. Designed for asset managers and fund administrators, Omnia automates data integration, filing preparation and review, configured to the end user’s workflow and task management preferences.
Symbiotics appoints SGSS for front-to-back solution
Symbiotics Asset Management, the Swiss asset management firm, has chosen SGSS’s CrossWise platform for its middle office outsourcing solution, and Dimension, the front office portfolio management system of SGSS’s partner, SimCorp. CrossWise is an integrated and modular outsourcing solution including a front office solution, a dealing desk and middle to back office functions. Symbiotics is…
Citi hires from J.P. Morgan
Citi’s securities services business has appointed John Miller as global head of fund accounting and administration, reporting to Mike Hughes, head of fund services. Based in Boston, Miller will oversee product strategy, client delivery and financial performance, and drive investments into new technologies for the business. He will focus on the move to a global…