SGSS has appointed France Colas as head of coverage, marketing and solutions in Luxembourg. She joins from Degroof Petercam, and previously spent 14 years at CACEIS. Bryan Fage remains head of coverage for Luxembourg.
Year: 2023
BBH names UK CEO
BBH has appointed Sarah O’Donnell, a principal of the firm, as London office head and CEO for BBH in the UK. She will be responsible for the management and oversight of Brown Brothers Harriman Investor Services Ltd (BBH ISL), whilst retaining her responsibilities as head of client service in Europe, as well as director of…
Apex to acquire in Lux
Edmond de Rothschild has entered into a definitive agreement to sell its Luxembourg-based third-party asset servicing activities to Apex Group. As part of this agreement, Apex will also acquire Edmond de Rothschild’s fund administration, transfer agency and custody activities for its private equity and infrastructure funds. The transaction is subject to customary conditions, including regulatory…
MUFG bids for Link
Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of MUFG, has agreed to acquire 100pct of the issued shares of Link Administration Holdings Limited, the troubled Australian administrator, for AUD1.2bn (USD800m). Link Group is the largest Australian pension administration company, servicing approximately 41pct (10 million accounts) of Australian private pension members. Earlier this year Link…
Davy goes live with Torstone
Davy Capital Markets, the capital markets firm owned by Bank of Ireland, has gone live on the Torstone post trade platform. Torstone Technology is a UK-based fintech providing a SaaS platform for post-trade securities and derivatives processing.
Citi supports DFA ETF launch in Oz
Citi has launched its service in Australia to support dual-access, fully transparent ETFs. It has recently supported the launch of three dual-access ETFs on the ASX by Dimensional Fund Advisors, a U.S. manager that has been a Citi client since 2012.
AGI appoints IQ-EQ in France
IQ-EQ, the Luxembourg-based administrator, has been appointed by Allianz Global Investors as the ManCo for its EUR256m (USD280m) debt fund, created to finance the French rail company SPL Grand Est Mobilités in the development of railway services across the Grand Est region. IQ-EQ is acting as third-party AIFM for the fonds commun de titrisation (FCT)…
I Hear You Knocking
There’s a new class of industry leaders waiting in the wings. Welcome to Generation XX. Joan Kehoe, Gunjan Kedia, Fiona Horsewill, Margaret Harwood-Jones, Claire Johnson, Zena Couppey, Kathryn Purves, Karen Malone, Kim Sgarlata, Chantal Free, Beth Mueller, Francesca McDonagh, Nancy Lewis. What do all these people have in common? Apart from the obvious, they are…
Hazeltree hires for customer success
Hazeltree, the provider of treasury and liquidity management solutions for the alternative asset management industry, has appointed Steve King as the U.S. director of customer success. He will report to Ayman Sakr, chief customer success officer at Hazeltree. He was previously a principal at Gilded, a fintech, where he worked with Stephanie Miller, now Hazeltree…
Apex invests in Tokeny
Apex Group has become the strategic lead investor in Tokeny, the Luxembourg-based enterprise-grade tokenisation solutions provider. By leveraging Tokeny’s expertise, Apex says it is positioned to provide its single-source solution in the tokenisation era. At the beginning of 2023 Tokeny announced a partnership with Inveniam Capital Partners, Inc., a SaaS company delivering trust, transparency and…