CACEIS has been appointed by the UK’s Bedfordshire Pension Fund to provide custody, fund accounting and performance measurement services for its GBP2.9bn (USD3.2bn) of assets.
Category: CACEIS
UK’s Nest extends TCA service from CACEIS
CACEIS has extended its partnership with Nest, the UK workplace pension scheme representing more than GBP25bn AuM (USD27bn), to provide an end-to-end cost transparency and benchmarking service. Previously, CACEIS had supported Nest in identifying transaction costs across its range of managers and funds. This three-year partnership has now extended to CACEIS providing an end-to-end cost…
CACEIS buys stake in Fund Channel
Amundi and CACEIS have strengthened their strategic agreement to accelerate the development of Fund Channel, the B2B fund distribution platform. CACEIS will purchase 33.33pct of Fund Channel’s share capital while Amundi remains the majority shareholder. Fund Channel is the fourth-largest European B2B fund platform, offering access to over 600 fund managers and connecting with more…
CACEIS creates Digital Assets Factory
Following its decision to develop its digital asset servicing business with Taurus, CACEIS has created a Digital Assets Factory, which brings together all business lines – custody, investment management services, 3D (digital, data, dissemination), and support functions, product development, compliance, legal and public affairs. A first MVP (minimum viable product) for custody is currently being…
CACEIS hires new pensions supremo
CACEIS has appointed Wouter Peters as global head, center of excellence for pensions (CEP). He will join the ExCo of CACEIS Netherlands. Peters will be responsible for CACEIS’ pension proposition worldwide. He joins from Aegon Asset Management where he was COO for the last nine years.
CACEIS allies with Taurus
CACEIS has signed an agreement with Taurus, a Swiss company that focuses on the digital assets and blockchain space, to use its platform. CACEIS’ objective is to offer secure custody of digital assets using Taurus-PROTECT, including automated corporate action processing, dividend payments and Smart Contract management, digital asset issuance and tokenisation on blockchain using Taurus-CAPITAL,…
IQ-EQ hires head of depositary
IQ-EQ has appointed Thomas Korteweg as head of depositary. He is based in the Netherlands. Korteweg joins from CACEIS.
HSBC hires ETF specialist
HSBC has hired Rob Rushe as global product head for ETF servicing, based in Dublin. Rushe joins from CACEIS, where he spent less than a year. He has previously worked at BNY Mellon, State Street and Northern Trust.
CACEIS & CA arrange bridge financing for Antin
CACEIS and Crédit Agricole CIB are supporting Antin Infrastructure Partners, the independent private equity firm focused on infrastructure investment, with the structuring of equity bridge financing for its first NextGen infrastructure fund. CACEIS has acted as the fund’s depositary, and Crédit Agricole CIB acted as arrangers and lenders of the EUR180m (USD195m) facility.
London CIV appoints CACEIS for cost analysis
LGPS CIV LTD (London CIV), which manages London’s Local Government Pension Scheme (LGPS) assets, has appointed CACEIS to provide cost transparency and benchmarking services.