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Virginia Department of the Treasury appoints State Street for custody services
08 June 2023 US
Reporter: Lucy Carter

The Virginia Department of the Treasury has selected State Street Bank and Trust Company to provide its master custodian and transfer agency services

Standard Chartered completes Hong Kong acquisition of RBC Investor Services Trust
24 May 2023 Hong Kong
Reporter: AST

The acquisition will be rolled into a newly approved entity named Standard Chartered Trustee (Hong Kong), with Standard Chartered’s existing HK trust services also being merged into SC Trustee over time

Artemis selects Northern Trust for asset servicing
09 May 2023 UK
Reporter: Jenna Lomax

As part of the mandate, Northern Trust will provide fund administration, depositary, global custody and transfer agency services for Artemis’ Luxembourg and UK-domiciled fund ranges

Waystone Group set to acquire LFS as FCA announce pay redress over Woodford failures
21 April 2023 UK
Reporter: Jenna Lomax

Waystone Group announces plans to acquire the Irish and UK businesses of Link Fund Solutions in the same week LFS agrees to provide a significant redress payment to investors in the WEIF

Apex selected to service new Hamilton12 fund
28 March 2023 Australia
Reporter: Lucy Carter

Investment strategies provider Hamilton12 has selected Apex to service its Australian Shares Income Fund, which launches this month

U.S. Bank launches ETF services in Europe
24 March 2023 Europe
Reporter: Jenna Lomax

The services will provide U.S. Bank’s clients with fund administration, transfer agency, depositary and global custody solutions, as well as a number of specialised European exchange-traded fund services

NewVest picks Apex for fund services
17 March 2023 US
Reporter: Jenna Lomax

As part of the mandate, Apex Group will provide PE 50 with fund administration, transfer agency and fund of fund middle-office services

Australia’s Yarra Capital Management picks Apex for custody services
22 February 2023 Australia
Reporter: Jenna Lomax

Apex Group will provide the fund with fund administration, transfer agency and custody services

Deutsche Bank trials digital fund investment servicing platform with Memento
21 February 2023 Germany, Singapore
Reporter: Bob Currie

Proof of concept aims to offer a “one-stop” digital fund investment servicing solution, targeted at asset managers and their service intermediaries, that will streamline the process of issuing and servicing digital funds

SafeGuard picks Apex for fund administration
07 February 2023 US
Reporter: Lucy Carter

Apex will provide fund administration and accounting, transfer agency and compliance solutions to SafeGuard's CORE ONE fund

Paralel launches full-service platform
27 January 2023 US
Reporter: Lucy Carter

Fintech firm Paralel has gone live with a new full-service platform for registered fund servicing, the first of its type to be launched in more than 20 years

EDB sees executive management board reshuffle
18 January 2023 Luxembourg
Reporter: Lucy Carter

EDB has appointed managing directors Jean-François Thils (pictured) and Robert Steele as members of its executive management board