Fund Tax Services (FTS) has expanded its offering to alternative investment managers with the launch of FTS Plus, providing clients with access to three strategic advisory partners. FTS says the services of its new alliance partners – covering advisory consulting,
Specialist financial services group JP Integra Group has announced the expansion of the firm’s services, targeting the private capital sector with a wider offering. The firm has also announced international business growth plans with the launch of a US representation
Independent full-service fund administrator Opus Fund Services has appointed Jorge Hendrickson as Head of Sales and Marketing. “We have added 130 new clients onto the Opus platform in the last 12 months, and Jorge has been an instrumental reason for
Singapore-based hedge fund manager Lighthouse Canton has selected Wells Fargo Global Fund Services to provide daily fund administration for the LC India Market Neutral Fund. The fund launched in August 2015 as a fully hedged version of the SageOne India
Multi-award-winning hedge fund administrator Opus Fund Services was established in Bermuda in 2006, subsequently expanding its footprint into the US with offices in Chicago (2008), San Francisco (2009), New York (2013), Portland (2014) and most recently Dublin. It serves over
Derek Adler (pictured), a founder member and director of International Financial Administration Group Ltd (ifina), responds to a recent Hedgeweek article about a new SuMi TRUST whitepaper… Having worked in the City of London from the mid 1970s until the late 1990s as
Over the last 15 years the fund administration industry has been dominated by the big banking behemoths at one end of the scale and small niche players at the other. Gradually, some of those smaller entities have been consumed. Yet
Focusing on bank-owned administrators, nobody knows the precise reasons as to why investment banks have been vacating the hedge fund administration space other than the banks themselves. One possible explanation is that the integrated model they have been running for
In a report published by eVestment last March (Alternative Fund Administrator Survey 2014), 95 per cent of respondents answered `yes' when asked if mergers and acquisitions were expected to play a role in the hedge fund administration over the next
U.S. Bancorp Fund Services LLC (USBFS) is finalising two significant integrations: AIS Fund Administration, which it acquired in 2012; and Dublin-based Quintillion Ltd, acquired in 2013. The two transactions combined added approximately USD43 billion in AuA to their existing business
