TIFF Investment Management, a U.S.-based provider of advice and investment solutions for nonprofits and other institutional clients, has expanded its relationship with SS&C to include Form PF reporting. TIFF will outsource Form PF reporting to SS&C for all of TIFF’s >40 private funds, subject to compliance with the regulation. TIFF also uses SS&C for tax…
Category: Mandates
HUB wins new U.S. client
WallachBeth Capital, a U.S. provider of institutional execution services, has selected HUB Trading Operations, an SaaS solution, for its day-to-day post-trade operational processes. HUB Trading Operations simplifies complex manual tasks, removes dependency on spreadsheets, and accesses key information. HUB will automate the collection and management of data directly into WallachBeth’s operational workflows, providing accurate calculations…
Front Street transfers to SEI
Front Street Capital Management, an RIA, has selected SEI for custody and technology solutions. Front Street is moving >USD600m in assets to SEI.
NatWest supports Beechbrook’s latest fund
NatWest Trustee and Depositary Services has been appointed as depositary provider for Beechbrook Capital LLP’s latest fund in its non-sponsored strategy, UK SME Credit IV LP. Beechbrook, a specialist direct lender founded in 2008, invests in the lower-mid market/SMEs across a range of industries in the UK and Europe through two separate debt strategies.
Phoenix deploys Allvue
Phoenix Fund Services Group, LLC, a woman and minority owned and led fund administration provider, has selected Allvue Systems to enhance its fund administration services. Phoenix is now live with Allvue’s fund accounting and investor portal solutions.
Liontrust expands with BNY/Aladdin
Liontrust, the UK-based asset management company with GBP26bn AuM (USD33bn), has strengthened its data management, delivery and analysis through the implementation of an enterprise portfolio management system that is integrated with a new data ecosystem. The new technology solution improves investment and risk tools, enables productivity gains and enhances the information supplied to Liontrust’s investment…
BBH partners with BestX
BBH has partnered with BestX, the State Street-owned FX TCA vendor, to provide its currency administration platform users with independent TCA. This will improve transparency through independent execution analysis, adding to BBH’s existing FX hedging solutions, which include multi-bank agency execution and performance analytics.
Brown Advisory selects SEI ETF platform
Brown Advisory has selected SEI’s Advisors’ Inner Circle Fund series trust as its operational platform to launch the Brown Advisory Flexible Equity ETF, the firm’s first ETF. The ETF was created through the conversion of taxable SMAs.
Northern Trust wins in Fiji
Northern Trust has been selected to provide custody services for Fiji’s sole compulsory superannuation fund, the Fiji National Provident Fund. FNPF is responsible for managing the retirement savings of Fijians in the workforce.
Fulcrum launches second LTAF with Waystone
11NOV24: The UK’s FCA has approved the launch of Fulcrum’s first commingled long term asset fund (LTAF), WS Fulcrum Diversified Private Markets LTAF. Waystone, the provider of specialist services to the asset management sector, will act as the Authorised Corporate Director. This follows the launch of Fulcrum’s first LTAF earlier this year, for a single…