Phoenix American Financial has onboarded Delaware Statutory Trust (DST) fund sponsor Parking Vault for fund administration. Phoenix American will support Parking Vault with its investor relations platform featuring the STAR-XMS transfer agency system.
Category: Mandates
Apex appoints Goji for onboarding
Apex has appointed Goji, a UK-regulated fintech offering investors digital access to alternative investments, to enable alternative asset management clients to manage all stages of the investor lifecycle. Apex’s digital onboarding solution, powered by Goji, provides alternative fund managers with the ability to onboard their investors from any jurisdiction via a single, secure online platform,…
Weitz transitions to Ultimus
Weitz Funds, a U.S.-based manager, has transitioned transfer agency of its nine mutual funds to Ultimus Fund Solutions, the U.S.-based provider of fund administration, accounting, and investor solutions. Ultimus claims that this is the 20th TA conversion project since early 2020, representing over 100 funds converted on to its platform.
Genus extends relationship with RBC
Genus Capital Management has implemented the middle office end-to-end post-trade execution service from RBC Investor Services. Genus, a longstanding RBC client, is a Vancouver-based independent investment management firm. The trade management service delivers 24/6 coverage for all markets, providing near real-time transparency on the complete post-execution trade lifecycle, broker performance, and settlement risk. Stephen Au,…
Phoenix American wins RE mandate
Ashford Inc., a U.S.-based real estate investment fund sponsor, has appointed Phoenix American to provide agent and back-office operational services.
Blume appoints IQ-EQ
Blume Equity, a European climate-tech growth investor, has appointed IQ-EQ to support its maiden fund launch. IQ-EQ Luxembourg will support the new fund with administration, depositary and ManCo services under AIFMD. The team will also provide the GP with a range of corporate services. In addition, IQ-EQ’s UK business is providing regulatory hosting services.
DWS moves ETFs to Clearstream
DWS, Germany’s largest retail asset manager, has migrated its Xtracker I and II range of ETFs to an international issuance and settlement structure through Clearstream. Xtrackers are DWS’s range of ETFs ad ETCs listed across 11 exchanges, covering core benchmarks, ESG, emerging markets, currencies, strategic beta and commodities.
Altum supports HackCapital
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has assisted HackCapital with the launch of its securitisation platform in Luxembourg. HackCapital is building an impact-investment marketplace that provides access to venture capital and accelerates investment into food, climate and health solutions globally.
SGSS supports EIB DLT bond issue
The European Investment Bank (EIB) has launched Project Venus, its second euro-denominated digitally native bond issue and the first using private blockchain technology. The EUR100m two-year bond was issued, recorded and settled using private blockchain-based technology, and represents the inaugural issuance on Goldman Sachs’ tokenisation platform – GS DAP. Banque de France and the Banque…
Jupiter expands SS&C mandate
Jupiter Asset Management, the UK-based investment management group with GBP47bn (USD57bn) AuM, has extended its transfer agency contract with SS&C. SS&C provides TA services to Jupiter’s unit trusts and has now taken on Jupiter’s OEIC fund range, acquired in 2020 as part of its Merian Global Investors acquisition. The value of funds administered by SS&C…