All fund services news

Carpenters Trusts selects Northern Trust for global custody

19 June 2020 Chicago
Reporter: Maddie Saghir

Northern Trust has been selected by Carpenters Trusts of Western Washington, a Seattle-based self-administered Taft-Hartley trust, to provide global custody, securities lending, foreign exchange and related services for $2.2 billion in trust assets

Clearstream to provide third-party fund processing for AJ Bell

16 June 2020 Luxembourg
Reporter: Maddie Saghir

Clearstream has been appointed as primary custodian for fund processing activities by AJ Bell, an investment platform in the UK

Guernsey rolls out fast track system for fund managers

15 June 2020 Guernsey
Reporter: Maddie Saghir

Guernsey has launched fast track applications for fund managers to migrate to the island

REYL & Cie expands asset services business line

04 June 2020 Geneva
Reporter: Maddie Saghir

REYL & Cie has expanded its asset services business line by offering fund representation solutions

Aztec to provide fund services to new Guernsey-domiciled fund

29 May 2020 Frankfurt
Reporter: Maddie Saghir

Aztec Group has been selected to provide administration, accounting and investor services to the Deutsche Beteiligungs Fund VIII

FNZ gains blockchain admin deal for South African fund management sector

27 May 2020 Edinburgh
Reporter: Maddie Saghir

FNZ has signed a deal with FinSwitch to provide blockchain administration for the South African fund industry

New Cayman Islands private funds law enhances opportunities for depositories

26 May 2020 Cayman Islands
Reporter: Maddie Saghir

The Cayman Islands Private Funds Law 2020 is set to extend the oversight role played by depositories for many Cayman investment funds, according to INDOS Financial, the independent depositary and oversight group

Langham Hall gains fund administrator position for newly launched fund

26 May 2020 Jersey
Reporter: Maddie Saghir

YCFII marks the first in a series of funds launched by a partnership between Yoo Capital Investment Management and Astarte Capital

Aztec Group to provide administrative services for new tech start-up fund

19 May 2020 Luxembourg
Reporter: Maddie Saghir

Aztec Group, an independent fund and corporate services provider, has supported the set-up and launch of the Future Industry Ventures fund, which marks a joint venture between Berlin-based Redstone, a venture capital firm, and the Tokyo-based financi

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