National Bank of Abu Dhabi has chosen Northern Trust as administrator and custodian of the UAE’s first physically replicated exchange trade fund (ETF), which the bank has renamed NBAD OneShare MSCI UAE ETF...
Horizons Exchange Traded Funds and its associate AlphaPro Management—jointly known as Horizons ETFs—has appointed CIBC Mellon to provide it with custody and fund accounting and administration services...
US Bancorp Fund Services’s acquisition of AIS Fund Administration will add approximately $25 billion in hedge fund AUA to its existing alternative investment business...
Maitland’s acquisition of hedge fund administrator Admiral Administration will lead to the creation of an entity with a collective total of $145 billion in assets under administration...
12 November 2012Luxembourg Reporter: Georgina Lavers
Citi has implemented the Man Umbrella Sicav, a Luxembourg fund business of the Man Group. Citi will provide an integrated range of services that includes custody, depositary bank, fund administration and transfer agency services...
