DDH Graham Limited has appointed SS&C to deliver superannuation and funds management administration services. DDH manages and administers over AUD7.8bn (USD5bn) in funds on behalf of 34 fund managers and superannuation funds in Australia. SS&C will provide member and investor administration, including unit registry and fund services, for DDH and its superannuation and managed fund…
Category: Independents
IQ-EQ opens in GIFT City
IQ-EQ, the Luxembourg-based administrator, is now licensed to do business in the Gujarat International Finance Tec-City (GIFT City) in India. GIFT City is sponsored by the Indian government with the vision of creating a world-class finance and IT hub, connecting India to the world. It is home to India’s global bullion exchange and the International…
Altum hires from Apex – again
Tom Buist has joined Altum as director, funds and institutional, in its Jersey-based unit. He was previously at Apex following its acquisition of Sanne.
Kernow selects Yealand
Kernow Asset Management Limited has appointed Yealand Fund Services as authorised corporate director (ACD) and fund administrator. Kernow was founded in 2019 and launched its UK fund offering in 2022.
Hudson Bay expands with SS&C
Hudson Bay Capital Management, a U.S.-based investment firm with USD20bn AuM, has appointed SS&C GlobeOp as its fund administrator. The collaboration expands the relationship with SS&C, which already covers a range of SS&C solutions for trade operations and investor support.
Palmer launches in Spain
Palmer, the UK-based private capital administrator, has launched an operation in Madrid, Spain. The local team will be led by Manuel Rodríguez and Pilar García. Palmer recently received regulatory approval to operate in the Channel Islands.
Ocorian completes Bovill deal
Ocorian, the C.I.-based provider of financial and corporate administration services, has completed the acquisition of Bovill, a UK-based specialist regulatory consultancy. Bovill is a global financial services regulatory partner to over 580 clients with offices in the UK, Singapore, Hong Kong and the U.S. Bovill’s team of over 80 specialists will combine with Newgate, Ocorian’s…
SEI appointed as trustee for Pictet CITs
SEI Trust Company will serve as trustee for four collective investment trusts (CITs) established by Pictet Asset Management for the U.S. institutional retirement market. Pictet Asset Management manages USD237bn globally.
Altum hires from Apex
Altum, the C.I.-based administrator, has hired Marian Suguitan as a director in the funds & institutional business, based in Jersey. She was previously at Sanne, which was acquired by Apex in 2022.
JTC hires UK & Ireland regional head
JTC, the C.I.-based administrator, has appointed Melanie Herbert as the regional head of UK & Ireland for its institutional client services division. She joins from Aztec Group, where she was jurisdictional head of private equity.