IQ-EQ has appointed Philippe Hijazin as managing director for Belgium. Prior to joining IQ-EQ, he was a director for Deloitte Consulting.
Category: Independents
JTC acquires in UK
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…
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…
IFS outsources to SS&C
SS&C has signed a long-term agreement with Investment Fund Services Limited (IFS), the ACD and AFM business owned by the UK’s Marlborough group. Under the agreement, SS&C will provide fund accounting, middle-office and transfer agency services for the funds for which IFS acts as ACD or AFM. The funds, which have more than GBP16bn (USD20bn)…
Apex borrows USD1.1bn
Carlyle and Goldman Sachs have lent USD1.1bn to Apex Group. Genstar Capital owns the majority of Apex, with minority stakes held by TA Associates, Carlyle and Mubadala Investment Company.
Taurus links to Stellar
Taurus, the Switzerland-based digital asset infrastructure provider, has made its custody platform, Taurus-PROTECT, and its digital issuance and tokenisation platform, Taurus-CAPITAL, available on the Stellar network. The Stellar network is an open-sourced, public blockchain and a provider of asset tokenization services. This integration will cover the custody of any Stellar tokenised assets through Taurus-PROTECT, as…
State Street wins Lazard ETF mandate
Lazard Asset Management has launched its first ETF in Australia: the Lazard Global Listed Infrastructure Active ETF, which is listed on Cboe Global Markets. State Street Australia has been appointed custodian and administrator.
Chan leaves IQ-EQ
After three years with IQ-EQ, Edwin Chan is leaving his job as CCO for the UK. He has not announced his next role.
Ogier granted Lux licence
Ogier Global, Ogier‘s corporate and fiduciary services division, has been granted a fund administration licence by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. Ogier Global will now extend its range of services to include fund administration, corporate and domiciliation services from Luxembourg.
VanEck launches BTC ETF in Australia
VanEck has launched the first bitcoin ETF to be listed on the ASX in Australia. Gemini Trust Company has been appointed as bitcoin custodian, with Link Market Services Limited as registrar. State Street Australia Limited will act as administrator of the fund and custodian of the fund’s cash assets. This follows the recent launch of…