Category: Offshore

Universal-Investment, the Germany-based ManCo and fund services provider, has appointed Julian Mayo to run its newly opened London branch. Mayo joins from Charlemagne Capital/Fiera Capital, where he was co-CIO/chief strategist. The London branch will join the group’s existing network of hubs in Germany, Luxembourg and Ireland. The acquisition by Universal-Investment of the Irish fund management…

BNP Paribas Securities Services has signed a strategic partnership with Van Lanschot Kempen (VLK) which includes two new mandates covering EUR16bn in assets (USD18.5bn). VLK is a Netherlands-based specialist independent wealth manager. As part of this partnership, BP2S will provide Kempen Capital Management, the asset management arm of VLK, with global custody, depositary bank, fund…

INDOS Financial (Ireland) Depositary Limited, part of INDOS Financial, has received regulatory approval from the Central Bank of Ireland to provide depositary services to private equity, real estate and other alternative investment funds under Regulation 22(3)(b) of Ireland’s AIFM regulation. INDOS, which was acquired by JTC earlier this year, has operations in the UK and…

EFA, the Luxembourg-based administrator with >EUR150bn AuA, has been appointed by Argenta Asset Management SA to provide UCITS risk reporting and sanctioned securities monitoring services. UCITS risk reporting is a regulatory reporting solution designed within the context of UCITS regulations and compliance with ESMA guidelines. Sanctioned securities monitoring checks and monitors a portfolio’s positions in…

AssetMetrix, the Germany-based fintech in which BNP Paribas has a strategic stake, has opened an office in Luxembourg. Alexander Wedlich has joined AssetMetrix as head of business development for Luxembourg, Belgium and France. Wedlich has worked at Credit Suisse, RBC, CACEIS, Clearstream Banking and BNY Mellon.

CSC, a U.S.-based provider of business, legal, tax, and digital brand services, has expanded its operations in Luxembourg by securing new fund administration and depositary licences and adding two executives to help lead its growth in the market. Pierre Mifsud joins from Edmond de Rothschild as managing director for depositary services for CSC Global Financial…