Carne Group, Europe’s largest third-party ManCo, has appointed Francis Parisis as head of business development for Luxembourg. He was previously at PwC.
Month: September 2025
Wynn returns to J.P. Morgan
Michael Wynn has returned to J.P. Morgan after five years at Citi, where he was most recently head of execution services for the securities services business. At J.P. Morgan Wynn is global head of liquidity and FX for its securities services business.
SEI wins Nephila mandate
SEI has been selected by Nephila Capital Ltd, an investment manager specialising in reinsurance risk, to support its back- and middle-office operations across North America and the UK. Nephila has managed institutional assets in the reinsurance industry for more than 20 years. Owned by Markel Group Inc., Nephila has offices in the U.S., Bermuda, and…
SS&C to acquire Curo
SS&C is to acquire Curo Fund Services, a South African provider of fund administration solutions, from a joint venture between Sanlam and Old Mutual. The transaction is subject to approval by the South African Competition Commission. Terms of the deal were not disclosed. Curo administers >ZAR3trn (USD170.4bn) and services Sanlam, Old Mutual and third-party institutional…
Columbia Threadneedle consolidates with State Street
State Street has been appointed by Columbia Threadneedle Investments, the asset management group of Ameriprise Financial, Inc., to provide expanded fund accounting, administration and custody services for Columbia Threadneedle’s pooled funds, including ETFs, in the U.S. and Europe with USD431bn AuM. State Street has provided back-office services to various legacy Columbia Threadneedle mutual funds going…
Equity Trustees wins Loftus Peak mandate
Equity Trustees has been appointed by Loftus Peak as the Responsible Entity (trustee) for the Loftus Peak Global Disruption Hedged Active ETF, a currency hedged version of its flagship product, the Loftus Peak Global Disruption Active ETF. The fund was launched in 2022 as an unlisted fund, and is now available with dual access, providing…
Claus takes new role at EdRAM
David Claus has joined Edmond de Rothschild as group head, asset servicing, and CEO of EdRAM in Luxembourg. He was previously CEO of European Depositary Bank, which is owned by Apex. In 2023 Edmond de Rothschild entered into a definitive agreement to sell its Luxembourg-based third-party asset servicing activities to Apex, but the deal did…