Ultimus Fund Solutions has supported Meketa Capital with the launch of its first investment product offering in the ’40 Act registered fund space. Meketa Capital, a subsidiary of Meketa Investment Group specialising in private market investment solutions for financial intermediaries and their clients, launched an infrastructure interval fund in late January. Ultimus has previously worked…
Category: Mandates
Circulate appoints SS&C for VCC
Circulate Capital has appointed SS&C GlobeOp as fund administrator for its Singapore-based variable capital company (VCC) fund and its Luxembourg feeder fund, and to provide anti-money laundering support.
RLAM deploys Aladdin
Royal London Asset Management, a UK fund management company with GBP153bn (USD194bn) AuM, has adopted BlackRock’s Aladdin technology platform, which HSBC will leverage to manage RLAM’s middle office. RLAM’s assets are currently serviced by HSBC’s securities services business, and will now be supported by Aladdin. HSBC has provided RLAM with global custody and middle-office services…
CGS implements Broadridge’s SFCM platform
CGS International Securities Pte. Ltd, an Asia-based financial services provider which is ultimately owned by China Galaxy Securities, has implemented Broadridge’s securities finance and collateral management (SFCM) platform. The single platform will enable CGS International to minimise costs via automation, as well as simplifying workflows and exception-based processes.
Railpen taps BK for data management
Railpen, the fiduciary and investment manager of the UK railways’ pension schemes, has appointed BNY Mellon to provide a cloud-based data platform that aims to simplify its data architecture and support the resilience of its operating model. The platform will deliver greater insights from Railpen’s proprietary data for investment reporting and analytics. Railpen is responsible…
Perennial consolidates with HSBC
Perennial Partners, an Australian manager, has appointed HSBC as custodian and fund and ETF administrator. Asset transition has been completed, with HSBC now providing services for all Perennial funds across 25 markets.
EEP appoints Apex
Entrust Evergreen Partners has appointed Apex to provide fund administration services and has announced the launch of its inaugural pan-Asia publicly listed equities fund. EEP is an independent investment firm operating out of Hong Kong.
eSecLending adopts Pirum’s T+1 solution
eSecLending, a global securities lending agent, has adopted the T+1-ready Recalls Manager solution from Pirum Systems, the UK-based fintech for automated post-trade services. With nearly USD850bn in lendable assets, eSecLending claims to be the industry’s largest independent securities lending agent.
Citi supports Global X ETF launch
Citi has been appointed by Global X ETFs, part of Mirae Asset Financial Group, to service Hong Kong’s first covered call ETFs. Mirae manages assets of >USD535bn and has over 575 ETFs globally with USD109bn AuM. Global X ETFs has launched the Global X HSI Components Covered Call Active ETF and Global X HSCEI Components…
Zodia wins ETC ETP mandate
ETC Group has appointed Zodia Custody to support its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP, a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index. The ETP is fully backed by the underlying digital assets, and counterparty risk is negated through an independent trustee.…