State Street has confirmed the news that first broke last year that it has been appointed to provide custody, investment administration and data management services to Australian Retirement Trust (ART), one of Australia’s largest super funds. ART was formed by the merger of Sunsuper and QSuper and manages >AUD230bn (USD160bn) in retirement savings for its…
Category: Mandates
SafeGuard appoints Apex
SafeGuard Asset Management, an SEC-registered investment adviser, has appointed Apex to provide fund services to the SafeGuard CORE ONE Fund. Apex will provide fund administration & accounting, transfer agency and compliance services.
Yealand to service Sterling’s flagship fund
Sterling Investment Management has selected Yealand Fund Services, a UK-based administrator, to provide ACD and fund administration services. Sterling Investment Management manages the YFS Sterling Select Companies Fund, established in 1963.
CACEIS strengthens ETF offering
CACEIS has strengthened its ETF solution through a new partnership with ETF index and data specialist, ULTUMUS, which will become its portfolio composition file (PCF) solution provider. Adding PCF capabilities through ULTUMUS now means that CACEIS is a one-stop-shop. It removes barriers to access the market and facilitates the launch of ETF funds for new…
Marktlink selects Accelex
Accelex, a UK-based SaaS platform specialising in alternative investment data acquisition, reporting and analytics, has been selected by Marktlink Investment Partners (MIP) as its preferred solution to help automate the data strategy for its private funds portfolio. MIP, a Dutch-based independent manager in the private equity and venture capital fund sectors for retail investors, will…
Starlight consolidates with RBC
RBC Investor & Treasury Services has been selected by Starlight Investments Capital LP to provide custody, fund administration and shareholder services for its newly consolidated business, following Starlight Capital’s acquisition of Stone Investment Group Limited. A subsidiary of the real estate investment and asset management firm Starlight Investments, Starlight Capital is an independent, Toronto-based asset…
DekaBank partners with METACO
METACO, the Switzerland-based provider of digital asset custody and orchestration technology, has partnered with DekaBank, the provider of securities services and capital market solutions to the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). With AuM of >EUR360bn, DekaBank is a provider of securities services in Germany, providing a range of services including custody, asset management and…
EDB appointed by Arab Bank
Arab Bank (Switzerland) Ltd. has appointed European Depositary Bank, the Luxembourg-headquartered provider of banking, depositary and custody solutions, for the provision of digital banking services. EDB has been selected to provide digital banking services for 32 bank accounts for 14 special purpose vehicles as part of ABS’ EUR400m pan-European real estate strategy. EDB is owned…
Capital appoints SS&C
Capital Group has appointed SS&C to provide transfer agency services for its recently launched UK OEIC, the Capital Group U.K. – Global High Income Opportunities Fund. Capital Group has AuM of >USD2.1trn. SS&C is a transfer agent to Capital Group in the U.S.
Fenergo signs Citco
Citco has signed a deal with Fenergo, the client lifecycle management specialist. Citco selected Fenergo’s CLM software as a SaaS platform to deliver end-to-end client journeys through front-to-back-office integrations with AML screening providers, and centralised document management. Citco, which claims to have USD1.8trn AuA, provides services for hedge funds, private equity, and real estate funds.