Northern Trust has been appointed by Polar Capital to provide global custody, depositary, transfer agency, fund accounting and currency management services to the Melchior Selected Trust. Domiciled in Luxembourg, Polar Capital’s Melchior Selected Trust was launched in 2010 and is comprised of the Melchior Absolute Return Fund, European Opportunities Fund and Global Equity Fund. All…
Category: Mandates
Sanlam consolidates with SS&C
Sanlam Life Insurance Limited, a member of the Sanlam Limited Insurance Group, the largest non-banking financial services group in Africa, and one of the largest life assurers in South Africa, has chosen SS&C to provide end-to-end capabilities to administer a broad range of multi-asset, multi-region product types for their individual retail investors. Glacier Financial Solutions…
FundRock wins Fundsmith distribution mandate
FundRock Management Company, the Apex-owned third-party UCITS ManCo and AIFM, has expanded its relationship with Fundsmith, the UK-based fund management company, to include distribution services. In addition to existing ManCo services, FundRock Distribution S.A. will now provide distribution services, enabling Fundsmith to distribute its funds in Europe. FundRock Distribution will provide specific resources and support…
CACEIS wins UK pension fund mandate
CACEIS has been appointed by the UK’s Bedfordshire Pension Fund to provide custody, fund accounting and performance measurement services for its GBP2.9bn (USD3.2bn) of assets.
Equity Trustees selected by GQG
Equity Trustees, the Australian administrator, has been appointed Responsible Entity (trustee) by GQG Partners, a U.S. boutique global equity manager, for its new fund, GQG Partners Global Quality Dividend Income Fund.
HSBC selects Clearstream for fund processing
HSBC has chosen Clearstream, Deutsche Börse’s post-trading service provider, as its global partner for administering investment fund activities for fund order routing, safekeeping, settlement and distribution support. Vestima, Clearstream’s investment fund processing infrastructure, enables processing of all types of funds – from mutual funds to hedge funds, private equity and ETFs – on a single…
Warwick goes with Allvue for CLOs
Allvue Systems, an alternative investment technology solutions provider, has been selected by Warwick Capital Partners as the software provider for its CLO business. Warwick is a UK-based special situations firm that brings creative solutions to complex opportunities and manages approximately USD2.5bn. Warwick will leverage Allvue’s CLO Start-Up Package, an all-in-one product suite that simplifies operations…
CIBC Mellon supports new Van Berkom fund
Van Berkom and Associates has launched its new Global Small Cap Strategy, a pooled fund. Founded in 1991, Van Berkom is a small cap specialist investment firm held 100pct by its employees. Van Berkom manages Canadian, U.S, Greater China and global strategies. As of June 30, 2022, Van Berkom and its Hong Kong affiliate had…
KZVK deploys Accelex
Accelex, the UK-based provider of data acquisition, analytics and reporting solutions for alternative investors and asset servicers, has entered into an agreement with KZVK, the German partner for company pension schemes covering participating employers from the Catholic Church and charitable sectors. KZVK plans to apply the Accelex solution to a range of alternative investment assets,…
IQ-EQ adds new fund to Launchpad
IQ-EQ has added a new participant to its Launchpad programme: Impact Fund for African Creatives (IFFAC). The first of its kind, IFFAC is an impact investor focused on identifying and supporting top creative talent in Africa. IFFAC’s mission is to empower the creative sector of Africa through structuring, facilitating and enabling entities in the creative…