New York
17 May 2017
Reporter: Drew Nicol
Deutsche Bank adds to Pacific Life mandate
Deutsche Bank is broadening its relationship with Pacific Life Insurance Company through its subsidiary Cadence Capital Management.

The bank has been selected to provide fund administration services for Cadence, a Boston-based asset manager with $4 billion in assets under management, which was acquired by Pacific Life in 2016.

Its fund services business will provide fund accounting and investor services to the Cadence Global Equity Fund LP.

“We are proud to support Cadence through our award-winning fund administration platform and further build on our strong relationship with Pacific Life,” said David Rhydderch, global head of alternative fund services within Deutsche Bank’s global transaction banking business.

“During the entire lifecycle of a fund, Deutsche Bank provides clients with access to a comprehensive range of solutions, value-add services such as foreign exchange and regulatory reporting, and proven global expertise.”

Mike Skillman, CEO at Cadence Capital Management, said: “We selected Deutsche Bank for their market-leading technology platform and focus on client service.”

“As Cadence grows its global equity fund offering, we know Deutsche Bank will deliver holistic and innovative fund administration solutions.”

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