Month: May 2022

ODDO BHF Asset Management, the Franco-German group which has EUR142bn AuM (USD152bn), is to outsource the administration of its German mandates to Universal Investment. This covers the accounting and support of special (Spezialfonds) and mutual funds with a value of c.EUR20bn (USD21bn). Universal Investment will eventually take over significant parts of fund accounting and administration.…

Crestbridge, the C.I. based administrator, has appointed Alex Le Quesne as group head of governance services. He will be responsible for managing the operational and financial performance of its institutional governance services globally, including management company, director, client compliance, depository, trustee, appointed representative and operator services. He previously led Crestbridge’s real estate fund services team.

Accelerate Financial Technologies Inc., a provider of alternative investment solutions, has selected Tetra Trust Company as custodian for Accelerate’s digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Calgary-based Accelerate…

SimCorp, a provider of SaaS investment management solutions, will support StonePine Asset Management with front-to-back-office investment processing. The agreement enables StonePine to run all aspects of the portfolio management, trading, and compliance process on the same platform as the post-trade operational activities (reconciliation, corporate actions, trade lifecycle management, etc.) which will be supported by SimCorp…

IQ-EQ, the Luxembourg-based investor services provider, is supporting Sana Capital with the launch of its maiden fund. Sana Capital is a new, female-led investment fund supporting innovation in science and technology that will drive positive change. The firm has signed up to the IQ-EQ Launchpad programme, specifically tailored for female first-time fund managers. Sana Capital…

Cowen Digital, Cowen Inc.‘s digital asset division, will deploy SS&C Eze‘s institutional OEMS platform to support its clients’ digital asset trading requirements. SS&C Eze’s institutional digital asset trading platform provides broker-agnostic access to institutional liquidity across the market. It also provides market data covering 100+ tokens and 500+ pairs from more than 35 sources, enabling…

Challenger, an Australian investment management firm, and SimCorp, a provider of SaaS investment management solutions, have signed a non-binding memorandum of understanding in relation to a strategic partnership to launch a new stand-alone company. The business will provide investment administration services to Challenger, Fidante Partners and third-party clients. As part of the agreement, Challenger will…