Harbour Financial Services Limited is an independent fund administrator that has earned a strong reputation in Bermuda for providing award-winning service to a range of alternative investment and private equity funds. Brian McDevitt, a seasoned executive within the Bermuda industry, is
The Horseshoe Group was established in 2005 and is a leading provider of insurance management services to insurers, reinsurers, as well as insurance linked securities (ILS) structures such as sidecars and catastrophe bonds. In June 2016, Horseshoe acquired IKONIC Fund
Australian fund administrator FundBPO – part of the MainstreamBPO group – has appointed wealth management software specialist DST Systems to implement the company’s enterprise workflow solution via a five year license agreement. FundBPO is the first business around the globe
Linedata is extending its partnership with Morningstar in the area of fixed income and credit derivatives to include its Fund Services clients. Linedata says that as the search for returns in a difficult investment climate progresses, the investment management community
Credit Suisse Fund Management has selected RiskSystem to provide daily risk reporting and investment restriction monitoring for the Luxembourg domiciled Credit Suisse (LUX) Absolute Return Bond Fund. The CS Absolute Return Bond Fund is a USD500 million global fixed-income fund
London-based investment manager Warwick Capital Partners has selected Wells Fargo Global Fund Services to provide administration, outsourced middle and back office operations and transfer agency services for the new Warwick European Opportunities Fund II. "Wells Fargo Global Fund Services continues
At SS&C Advent, an independent unit of SS&C Technologies who collectively support more than 10,000 customers worldwide, there has been, according to Jesper Steiness (pictured), Director of Global Accounts, a clear growth of interest among fund managers and service providers
Millennium Trust Company, a provider of custody solutions for institutions, advisers and individuals, has expanded its fund custody solution to include custody for registered investment companies ('40 Act Funds) as well as verification services. "Millennium's fund custody solution was created
The pace of consolidation within the hedge fund administration space shows no let-up, with MUFJ Investor Services, the asset servicing arm of Mitsubishi UFJ Financial Group, having just announced its latest acquisition; Rydex Fund Services, a 1940-Act fund administration business
In order for the alternative funds industry to evolve one point that needs to be addressed is that the term 'Hedge Fund Administration' is too narrow. Firstly, one cannot avoid a trend towards convergence within alternatives that has steadily gained
