AssetMetrix, the Germany-based fintech, has appointed Clifford Norton as head of business development for the UK & Ireland. Norton was previously at Allvue Systems.
Category: Independents
Gareth McKeon joins Gen II
Gareth McKeon has joined Gen II Fund Services in Luxembourg. He was previously at State Street. Gen II is thought to be the largest independent private capital administrator, with USD650bn AuA.
SS&C to provide risk analytics for new bitcoin fund
ProFunds, a mutual fund provider with c. USD60bn AuM, has appointed SS&C to provide 18f-4 risk analytics for its BitCoin Strategy ProFund. ProFunds claims that this is the first publicly available U.S. mutual fund whose investment results generally correspond to the performance of bitcoin, before fees and expenses.
Komainu appoints new CEO
Komainu, a C.I.-based regulated institutional-grade digital asset custody services provider with >USD5bn AuC, has appointed Matthew Chamberlain as its CEO. For the past five years, Chamberlain has served as CEO of the London Metal Exchange, Komainu was founded in 2018 as a joint venture between Nomura, digital asset security firm Ledger, and digital asset investment…
Apex appoints new Bermuda MD
Apex has appointed Keith Mahon as managing director, Bermuda. Established in 2003, Bermuda was the location of Apex’s first office. Mahon returns to Apex after a period of self-employment. Ross Webber, the previous incumbent, has left the company.
Catalyst hires MD for fund services
Catalyst, a Cayman-based administrator, has appointed Rossana de Maio as managing director – fund services. Based in Rio de Janeiro, Catalyst’s latest office, she will be responsible for developing and running the firm’s global fund services operations, covering five jurisdictions and accounting for over 150 clients with USD8bn AuA. She joins from the Bahia Group,…
Universal-Investment wins EUR4.5bn ManCo mandate
Universal-Investment has been appointed as the new ManCo for the Luxembourg fund portfolio of Switzerland’s Fisch Asset Management. The Fisch Umbrella Fund, with AuC of c. EUR4.5bn (USD5.1bn), covers 13 UCITS sub-funds which include corporate bond, convertible bond and absolute return funds. RBC Investor Services Bank remains responsible for fund administration, custody and transfer agency.…
RBS expands TA deal with SS&C
RBS Collective Investment Funds Limited (RBSCIFL), a wholly-owned subsidiary of the UK bank, NatWest, has renewed and expanded its transfer agency contract with SS&C. RBSCIFL migrated more than 700,000 child trust funds, 36,000 individual savings accounts, and 20,000 Junior Investor Savings Accounts to SS&C’s global investor and distribution solutions operation as part of the expansion.…
IQ-EQ hires global head of transformation
IQ-EQ, the Luxembourg-based investor services provider, has appointed Frédérik Benoit as global head of transformation, a new role. Benoit, who will be based in Luxembourg, joins from Standard Chartered, where he was global head of fiduciary & fund services operations. IQ-EQ has recently been adding to its senior management team, with a new COO, CIO…
FundRock to support new RAIF for NRP MAM
FundRock, the Luxembourg-based third-party ManCo and AIFM owned by Apex Group, has supported the launch of NRP Maritime Asset Management’s (NRP MAM) Premium Maritime Credit Fund. FundRock will act as AIFM and deliver FX services via Apex Group subsidiary EDB. Premium Maritime Credit Fund, a Luxembourg-domiciled RAIF, reached first close in January 2022, raising USD110m,…