Allspring Global Investments has expanded its transfer agency relationship with SS&C. Under the extended agreement, SS&C will provide investor servicing to Allspring’s institutional liquidity business, which manages USD228bn across five money market funds. SS&C will also manage regulatory compliance with Blue Sky state securities laws and support distribution across Allspring’s institutional liquidity portfolio.
Category: Mandates
Jupiter consolidates with BNY
BNY has signed a multi-year agreement with Jupiter Fund Management, a UK-based active asset manager, to provide operational services. Jupiter has consolidated back-office services for its offshore jurisdictions with BNY as well as outsourcing its middle office operations. BNY will now provide custody, fund administration, transfer agency and depositary services, as well as middle office,…
Lunate partners with Euroclear
Lunate, the Abu Dhabi based manager, has launched two Ireland-domiciled ETFs on Euroclear’s funds platform. Both ETFs are listed on Xetra and ADX.
Ultimus supports ETF launches
Ultimus has supported the launch of three ETFs for Liberty One Investment Management. The ETFs were launched within a series trust solution provided by Ultimus.
OCBC deploys Citi’s sec lending platform
OCBC Group, the Singapore-based bank, has deployed the Citi Securities Lending Access platform, to roll out a securities lending programme. The programme is available to retail and corporate customers of OCBC Securities, as well as clients of its private banking arm, Bank of Singapore,
Langham Hall supports RE fund launch
Langham Hall, the UK-based administrator, has supported Northtree Investment Management Ltd on the launch of its second fund, Northtree Real Estate Partners II. The fund will focus on UK commercial real estate assets. Langham Hall will provide fund accounting and administration services from its London and Jersey, C.I. offices.
SEI supports four CIT launches
Mackenzie Investments, a Canadian asset manager with CAD244bn (USD180bn) AuM, has appointed SEI Trust Company, SEI’s provider of trustee, operational, and administrative services for collective investment trusts, as the trustee of four newly launched CITs.
TMF wins new fund mandate
TMF Group, a European provider of private market fund administration services, has won a mandate to be the fund administrator for Innovation X Capital Partners III, a new fund of Innovation X Advisors LLC. With this deal, Innovation X Advisors expands its partnership with TMF Group, which started in 2019. TMF Group has been appointed…
Fundsmith expands with SS&C
Fundsmith, the UK-based asset manager, has expanded its relationship with SS&C to include support for the launch of its Fundsmith Equity ETF in the U.S. Fundsmith will use SS&C for fund administration, accounting, compliance, legal and distribution services. SS&C will also provide trading and capital markets services through SS&C ALPS Series Trust. Fundsmith manages total…
Wahed launches Sharia ETFs
Wahed, an Islamic fintech and investment manager, has launched two UCITS ETFs that integrate Shariah compliance with an additional humanitarian and human rights screen. The funds, listed on the London Stock Exchange, have been launched through Waystone’s white label ETF platform, and are domiciled in Ireland.