Grand Cayman
12 January 2017
Reporter: Mark Dugdale
MainstreamBPO opens in Cayman
Fund administrator MainstreamBPO has opened an office in the Cayman Islands.

MainstreamBPO has received approval for a full mutual fund administration licence from the Cayman Islands Monetary Authority.

FundBPO Cayman will focus on corporate and administration services for new and existing clients with funds domiciled in the Cayman Islands.

Denise DePaola, CEO of MainstreamBPO’s North American operations, will oversee and be the managing director of the group’s Cayman operations.

Byram Johnston OAM, chairman and managing director of MainstreamBPO, described Cayman as the “jurisdiction of choice” for global investors.

He said: “With our office in the Cayman Islands we have global operations to support our clients across the major fund services regions.”

MainstreamBPO has offices in Hong Kong, Singapore and New York, as well as Sydney, the Isle of Man and Malta.

More fund services news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
MainstreamBPO to expand in Europe and Cayman through Trinity acquisition
23 May 2017 | Sydney | Reporter: Stephanie Palmer
MainstreamBPO has entered into an agreement to acquire Trinity Fund Administration in Dublin and the Cayman Islands
Clearstream sees slight April upticks
22 May 2016 | London | Reporter: Stephanie Palmer
According to Clearstream’s monthly figures report, assets under custody increased from the €13.03 trillion recorded in April 2016
LGPS board releases transparency code for managers
22 May 2017 | London | Reporter: Drew Nicol
Asset managers looking to claim mandates from the LGPS pooling initiative can now sign up to a new fee transparency code ahead of the April 2018 deadline
Asset managers tackle Chinese bond market issues
19 May 2017 | Beijing | Reporter: Drew Nicol
Hong Kong asset managers met in Beijing to discuss the challengers surrounding China’s lucrative bond market
RBC wins Irish assets mandate
18 May 2017 | London | Reporter: Drew Nicol
Royal Bank of Canada has been chosen by Chiron Investment Management to act as custodian and fund administrator for its new Irish-domiciled Chiron Global Opportunities UCITS fund
Deutsche Bank adds to Pacific Life mandate
17 May 2017 | New York | Reporter: Drew Nicol
Deutsche Bank's fund services business will provide fund accounting and investor services to the Cadence Global Equity Fund LP
SS&C wins expanded Acadian mandate
17 May 2017 | Connecticut | Reporter: Drew Nicol
Acadian Asset Management cites collateral management and accounting expertise as key to SS&C mandate
More fund services news