Apex has launched tax services in Australia, delivered via subsidiary Throgmorton. Throgmorton Australia Pty Ltd. is now a registered tax agent & ASIC agent, providing locally delivered tax compliance services in addition to accounting, HR, payroll, and company secretarial services to Australian clients.
Category: Independents
Fidelity launches agency lending platform
Fidelity Investments, which has AuM of USD10.3trn, has launched Fidelity Agency Lending, a digital platform that manages all aspects of securities lending for asset managers and other institutions. Fidelity Agency Lending has been a securities lending agent for the Fidelity mutual funds since 2019 and is currently responsible for more than USD2trn in assets.
ACOLIN acquires Gert Rautenberg’s GFA
ACOLIN, a Switzerland-based provider of regulatory and cross-border fund distribution services across Europe, has acquired GFA. Founded in 2014, GFA operates a SaaS-based data collection and analytics platform for asset managers and distributors to manage their compliance obligations and to enable asset managers to gain insights into their distribution networks and identify opportunities to improve…
Ocorian adds five BD directors
Ocorian, the C.I.-based provider of fund administration, corporate, trust and capital markets services, has strengthened its European and UK business development team with the appointment of five new business development directors. Based in London, Andrew Stewart joins after most recently serving as an executive director at MUFG Investor Services. Chris Mayfield joins from Vistra. Vivienne…
Hamilton Global Opportunities appoints Equity Trustees as AIFM
Hamilton Global Opportunities PLC, a UK-based manager, has selected Equity Trustees to act as its AIFM in Ireland. HGO will invest in sustainable opportunities arising from direct access into growth stage companies in tech, fintech and medtech, with a primary focus on Silicon Valley and Israel.
Apex sets partnership with class action specialist Battea
Apex Group has established a partnership with Battea Class Action Services, a specialist in class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring. The partnership will provide Apex clients with access to Battea’s claims processing technology; along with specialists in international litigation, damage valuation, and financial technology. Battea will…
U.S. Marshals Service appoints BitGo for digital assets custody
BitGo, a digital assets financial services provider, has been awarded a contract for custody of digital assets for the U.S. Marshals Service through BitGo Trust Company, which is based in South Dakota.
U.S. Bank invests in FX specialist Lumint
U.S. Bank has made an equity investment in Lumint, a Boston-based company that provides currency management services to institutional investors. Earlier this year, U.S. Bank launched a new passive currency hedging service powered by Lumint’s technology. In 2018 Lumint formed a strategic partnership with Northern Trust.
Olympia set to offer Bitcoin custody in Canada after Knox deal
Further progress in the crypto-currency custody space in Canada. Olympia Trust Company has entered into a letter of intent with Knox Capital Inc. and Knox Industries Inc. by which, subject to the satisfaction of certain conditions, Olympia Trust will be granted the exclusive Canadian licence to use a proprietary Bitcoin custody system developed by Knox.…
AllianceBernstein makes fixed-income history
AllianceBernstein has become the first buy-side firm to receive aggregated liquidity from multiple buyers on the same corporate bond block trade. The trade was enabled by LTX, a Broadridge company, and powered by LTX’s patented RFX protocol. AllianceBernstein tapped into its dealer’s client network to sell a large block of bonds and access aggregated liquidity…