AllianceBernstein Holding L.P. and AllianceBernstein L.P. have selected SimCorp as their core investment technology partner. In 2024, AB expanded its relationship with BBH by adding to its data management services for fund operations.
Category: BBH
Euroclear launches DVP repo service
Euroclear has launched a U.S. Treasury DVP repo service. The new solution is designed for U.S. Treasury repo market participants operating in the U.S. settling USD transactions. The first trade was completed between Euroclear Bank and Toronto Dominion Bank London. The service offers cash lenders similar operational efficiency for DVP repo transactions as triparty repo…
BBH partners with SimCorp
BBH has struck an alliance with SimCorp, the Deutsche Börse-owned fintech, to address the needs of global asset managers requiring an integrated, end-to-end technology, data, and services solution. The solution uses BBH Infomediary to integrate SimCorp One’s front and middle office capabilities, including a real-time IBOR provided by SimCorp’s managed business services, with BBH’s fund…
McNinch makes partner at BBH
BBH has appointed Shawn McNinch as a general partner. Based in Boston, he is global head of investor services business development and head of ETF product servicing. He joined BBH in 2009.
BBH to service Quoniam ETFs
Quoniam Asset Management, a Germany-based asset manager and a subsidiary of Union Investment, has launched Union Investment’s first actively managed ETFs. The two funds will be marketed under the new UniActive Q label. The UniActiveQ ETF range has been launched on AllFunds’ AllSolutions ETF platform, with BBH appointed as custodian and fund administrator. BBH in…
Aztec hires global head of sales
Aztec, the C.I.-based administrator, has appointed Michael Saunders as global head of sales. Prior to joining Aztec, he was managing director, securities services, sales execution at J.P. Morgan. Before that, he spent over 25 years at Brown Brothers Harriman.
BBH wins HK ETF mandate
BBH has been appointed as custodian and administrator for a new ETF launched by ICBC UBS Asset Management (International) Company Limited (ICBCUBSI) in partnership with Krane Funds Advisors, LLC, domiciled in Hong Kong Brown Brothers Harriman Trustee Services (Hong Kong) Limited serves as trustee and registrar. The ICBC UBS KraneShares KWEB CSI China Internet ETF will…
BBH to support Pictet ETFs
Pictet Asset Management has launched its firs three U.S.-domiciled ETFs. BBH has been appointed to support these actively-managed funds.
BBH to support new Fidelity ETFs
Fidelity International has launched the U.S. Fundamental UCITS ETF range, including the U.S. Fundamental Small-Mid Cap UCITS ETF, the first semi-transparent ETF in Ireland. BBH has been appointed to support the new funds.
U.S. Bank hires from JPM for ETFs
Keith Orlen has joined U.S. Bank’s global fund services product team as a senior product manager for ETFs, based in Boston. He was previously at J.P. Morgan and also spent 20 years at BBH.