Category: Headlines

Northern Trust has entered into an agreement with Digital Asset Holdings to support the development of custody capabilities for tokenised financial assets. As part of this agreement, Northern Trust will integrate with Canton Network’s infrastructure to develop and deploy applications that bridge digital and traditional markets, supporting institutional grade custody and asset servicing workflows for…

Altum, the UK-based administrator, has appointed Christian Hertz as managing director and global head of ManCo. He will lead the Luxembourg AIFM team, overseeing operations, client service and business development. He will also serve as a director on the AIFM board, He was previously at LIS.

Highvern & Permian, the administration group backed by Jacobs Capital, have hired Anne Storie as head of funds Americas, based in the Cayman Islands. She will join the group’s ExCo and the Cayman-regulated boards, subject to regulatory approval. She was most recently global head of strategic alliances and country head of Cayman Islands at Apex.

Apex has formed a partnership with Global Tax Recovery, a specialist in recovering excess foreign withholding tax on dividends and interest. Under the partnership, Apex will introduce Global Tax Recovery to its clients as a preferred vendor. FundRock, the Apex-owned Luxembourg operation, will work exclusively with Global Tax Recovery for all withholding tax recovery across…

Janus Henderson has awarded a “long-term strategic mandate” to BNP Paribas to provide a range of fund and market & financing services across the UK, France, Luxembourg, and Australia. BNP Paribas will expand its partnership with Janus Henderson by leveraging the bank’s diversified capabilities, including those of its Global Markets business. Janus Henderson, the asset…

BNP Paribas’ securities services business has extended its multi-custodian third-party Automated FX service to continental Europe. La Financière de l’Échiquier, a European asset manager with EUR28bn (USD33bn) AuM, is the first client in France to benefit from the bank’s third-party FX solution, covering all 40 of its French funds.