Ultimus Group, the U.S.-based provider of fund administration, accounting, and investor solutions, has reported strong 2023 growth, with AuA now exceeding USD500bn.
Category: Independents
TMF appoints Americas sales head
TMF Group, the Netherland-based administrator, has appointed Menno de Vreeze as head of fund sales for the Americas. He was previously at abrdn.
Universal hires COTO
Universal Investment Group, the European fund services platform and Super ManCo, has appointed Johannes Elsner as its new group chief operating and transformation officer. Elsner succeeds Etienne Rougier, who has decided to step down from his role as COO and head of Luxembourg. Most recently, Elsner served as group chief information officer and member of…
HIGHVERN expands in Guernsey
HIGHVERN, the C.I.-based administrator, is launching fund administration services in Guernsey. Jenni Hartley joins from TMF Group as head of funds – Guernsey, Ali Moullin is appointed as associate director, also joining from TMF. They report to Aidan O’Flanagan, group head of funds.
VanEck selects Gemini
VanEck, the U.S.-based fund manager with USD76.4bn AuM, has named Gemini as BTC custodian for its recently approved bitcoin ETF under the ticker HODL, which is listed on the Cboe BZX Exchange. State Street is the custodian of cash, fund accountant, transfer agent, ETF basket servicer and order-taker.
SS&C wins UK TA mandate
Schroders Personal Wealth, the financial planning joint venture between Schroders plc and Lloyds Banking Group, has appointed SS&C as transfer agent. SS&C will provide fund registry, investor services and digital solutions for the full range of SPW’s funds, with GBP12.7bn (USD16bn) AuM.
IQ-EQ promotes for new sales role
IQ-EQ has promoted Mattias De Mol, previously business director for Luxembourg, to a newly created role of regional head of sales operations for Continental Europe.
SILC picks PAXUS
The SILC Group, a specialist Australia-based trustee and fund administration business focused on alternative investment assets, has selected the PAXUS fund administration system for its third-party fund administration business operations. PAXUS is a platform offered by Pacific Fund Systems, the Isle of Man-based fintech owned by Apex. SILC has opted for a full SaaS PAXUS-CLOUD…
Odyssey wins U.S. TA mandate
Odyssey Trust Company, a Canada-based administrator, has been appointed transfer agent and trust company for Civeo North America.
Apex merges ESG businesses
Apex has merged two of its ESG businesses to form Holtara, led by the group’s head of ESG product, Emma Bickerstaffe, reporting to Chris Mulhern, chief product and technology officer at Apex. Holtara currently supports >3,400 investment managers and companies in over 50 countries. The Holtara platform, ESG Advantage, is designed to simplify and streamline…