All fund services news

Abu Dhabi licenses first administrator under new regs

05 February 2014 Abu Dhabi
Reporter: Georgina Lavers

The United Arab Emirates Securities and Commodities Authority (ESCA) in Abu Dhabi has granted Apex Fund Services a licence to provide fund administration services under the authority’s new regulations...

Calastone builds on Asia foundation

05 February 2014 Singapore
Reporter: Georgina Lavers

Aviva, a life and health insurer in Singapore, and Navigator Investment Services, an Aviva-owned integrated investment portfolio administration service, have both chosen to use Calastone’s order routing services...

J.P. Morgan picks BNP Paribas for novel French fund

21 January 2014 Luxembourg
Reporter: Georgina Lavers

After implementing the passport of its Luxembourg management company in France, J.P. Morgan Asset Management has chosen BNP Paribas Securities Services as depository bank and fund administrator for its first France-domiciled fund...

China Construction Bank chooses Multifonds

20 January 2014 Beijing
Reporter: Georgina Lavers

China Construction Bank in Asia has become Multifond’s latest Asian client, choosing to implement the firm’s fund accounting, portfolio accounting and a transfer agency and investor servicing systems...

Gemini Fund Services chooses reconciliation service

16 January 2014 New York
Reporter: Georgina Lavers

Gemini Fund Services is integrating the PROactive reconciliation solution from Broadridge Financial Solutions onto its platform...

Phoenix's UK business shows strength

14 January 2014 London
Reporter: Georgina Lavers

Phoenix Fund Services’ UK authorised funds business has grown more than 160 percent in 2013, with PFS in the UK now administering assets of £2.3 billion...

Information Mosaic boosts Irish qualifications

13 January 2014 Dublin
Reporter: Georgina Lavers

Information Mosaic and Griffith College have joined forces to create a diploma for the investor services industry, with the aim of maintaining Ireland's strength as an investment funds centre...

BNY farms for funds

09 January 2014 London
Reporter: Georgina Lavers

BNY Mellon is, for the first time, providing depository and related services in Germany for closed alternative investment funds investing in property, agriculture, private equity and renewable energies...