Franklin Templeton has agreed to use the Saphyre platform for custodial and broker fund onboardings, as well as maintenance. Saphyre is a U.S.-based fintech company using AI technology to solve pre-trade setups and post-trade issues.
Category: Mandates
BNP Paribas to support Fineco’s ETF range
BNP Paribas has been selected by Fineco Asset Management (FAM) to provide a full range of banking services for its equities and fixed income ETFs listed on the Italian Stock Exchange. FAM, an Irish UCITS management company wholly owned by Italian bank FinecoBank S.p.A., has entered the ETF market with a range of Ireland-domiciled funds.…
Polar Capital expands relationship with Northern Trust
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…
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…