The Lincolnshire County Council Pension Fund has selected CACEIS and the CACEIS Pensions Centre to provide custody, accounting and performance services as part of a GBP3.5bn (USD4.3bn) mandate. CACEIS Pensions Centre is a dedicated administration hub backed by technology platform SimCorp Dimension. This end-to-end solution will provide Lincolnshire County Council Pension Fund with administration capabilities,…
Category: Mandates
Fondaco deploys Canoe solutions
Canoe Intelligence, a platform for “smarter alts management”, has a new client engagement with Fondaco, an independent Italian asset management company with offices in Turin and Luxembourg. Fondaco has implemented Canoe Connect to automate its alternative investment document collection workflow into a centralised location and Canoe Intelligence to systematise its valuation and transaction data extraction…
NT wins another UK pension fund
South Yorkshire Pensions Authority, a UK local authority with GBP11bn (USD13.5bn) AuM, has appointed Northern Trust as custodian for the South Yorkshire Pension Fund. A factor in this decision was Northern Trust’s existing relationship with the Border to Coast Pensions Partnership.
Coller appoints RE for new fund
Coller Capital, an investor in the secondary market for private assets, has selected Equity Trustees to be the responsible entity (trustee) of its new fund, the Coller Private Equity Secondaries Fund. The fund is an Australian managed investment scheme available to both qualified retail and wholesale investors.
Frontier launches on SEI platform
Frontier Asset Management, a U.S.-based firm, has selected SEI’s Advisors’ Inner Circle Fund series trust as its operational platform to launch six new active ETFs.
Octopus appoints NatWest TDS
NatWest Trustee and Depositary Services has been appointed by Octopus Investments to support a range of the firm’s existing funds worth almost GBP2bn (USD2.5bn). NatWest TDS will provide independent depositary services.
Premier selects PAXUS
Premier Financial Services Limited, a Mauritius-based management and trust company, has selected PAXUS, the Apex-owned fintech, as its platform provider to support its recently launched fund administration business line.
BNPP wins major Aussie mandate
BNP Paribas has been appointed by Insignia Financial, an Australian wealth manager, to provide custody and administration services. Insignia Financial holds AUD319.6bn (USD203bn) under management and administration The service offer will cover Insignia Financial’s MLC and OnePath businesses, with transitions finalised in 2025.
U.S. Bank expands APAC network
U.S. Bank has appointed Citi and HSBC as sub-custodians for its Asia-Pacific network. The initial markets included in this move are Hong Kong, India, South Korea and Taiwan. U.S. Bank is using Citi for India, whilst HSBC will be sub-custodian for Hong Kong, South Korea and Taiwan. Additional Asia-Pacific markets will be added in the…
First Sentier expands with NTRS
Northern Trust has expanded its relationship with First Sentier Investors, an Australia-based asset manager with more than USD157bn AuM. Under the terms of the new mandate, Northern Trust will integrate a range of front-to-back solutions for the manager’s public market fund business in Australia, Ireland, Singapore and the United Kingdom. Services provided include custody, depositary/trustee…