Mirae Asset Global Investments (Hong Kong) Limited, together with Citi’s investor services unit and OSL Group, have launched a tokenised unit class for the Global X HSCEI Covered Call Active ETF (3416), marking the first covered call ETF in Hong Kong to introduce a tokenised unit class.
Category: Mandates
First Sentier adds to NT mandate
First Sentier Group has appointed Northern Trust as fund administrator and depositary for its Irish fund, the First Sentier Investors Global Umbrella Fund Plc. Northern Trust will provide custody, depositary, fund accounting and transfer agency for the USD14bn Irish fund structure.
Lexington appoints SS&C
Lexington Capital Management LP, a U.S.-based hedge fund manager, has appointed SS&C GlobeOp as its fund administrator. SS&C will provide fund services across >USD1bn in assets.
Aegon expands with Citi
Aegon Asset Management has expanded its longstanding relationship with Citi with a USD380bn middle office mandate. Citi has added performance measurement and accounting services to its offerings on the Aladdin platform, extending the breadth of its middle office offering to include full IBOR services, trade management and settlement and performance measurement via Aladdin Accounting. The…
First Sentier expands with NT
Northern Trust has expanded its relationship with First Sentier Group, being appointed as fund administrator for First Sentier Investors Global Growth Funds, a Singapore unit trust offering. Under the mandate, Northern Trust will provide custody, fund accounting and transfer agency services. The move represents an expansion of a broader global relationship which began in 2006.
PennantPark selects Ultimus
PennantPark Investment Advisers has appointed Ultimus to assist with the launch and ongoing operations of its new interval fund, PennantPark Enhanced Income Fund. PennantPark is an alternative credit specialist, and manages c.USD10bn of investable capital,
Apex to support first RIF
Apex has been appointed to provide depositary services to the Resonance Housing Pathways Fund in the UK. The fund is the first Reserved Investor Fund (RIF), and has secured GBP118m (USD159m) from investors.
Waystone wins ME ETF ManCo mandate
Waystone has been appointed by Lunate, an Abu Dhabi-based investment firm, to support its suite of Irish ICAV ETFs. Under the agreement, Waystone will provide ManCo services for the ETFs. Earlier this year, Lunate launched two Irish-domiciled ETFs through Euroclear.
Weitz expands with Ultimus
Ultimus has expanded its relationship with U.S.-based Weitz Investment Management. The expanded mandate includes fund accounting and administration, middle office services, and post-trade compliance for Weitz’s mutual fund and managed account complex, alongside the administration of three ETFs supporting nearly USD8bn AuM.
Alter Domus supports USD1bn CFO
Alter Domus, the Luxembourg-based private markets administrator, has supported Pantheon with the closing of its inaugural private equity collateralized fund obligation, which raised USD1bn.