HSBC Securities Services has been appointed custodian and administrator for the International Asset Management’s UCITS and alternative investment fund ICAV’s multi-manager platforms, domiciled in Ireland.
International Asset Management is an independent asset management firm specialising in hedge funds and alternative UCITS investments.
As part of the mandate, HSBC will provide custody services, trustee, transfer agent, fund administration and other related banking services.
Last week, HSBC also announced it will be providing global custody services to Kommunalbanken, a local government funding agency in Norway.
The agreement will see HSBC provide global custody for Kommunalbanken’s international assets across Europe, US, UK and Asia.
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