By Chris Kundro, Senior Vice President, Head of Wells Fargo Global Fund Services – There should be little surprise regarding the on-going trend of bank-owned hedge fund administration businesses being sold or put up for sale. There should be even
BNY Mellon is a prominent investment company in the financial industry. It has a market capitalisation of USD45 billion and is one of the world’s largest investment managers with USD1.7 trillion in AUM. More specifically, BNY Mellon is best known
There are plenty of push and pull factors influencing hedge fund administrators but whilst there are those who are getting distracted by M&A activity, one administrator that is taking advantage of the situation to win new business is Opus Fund
According to Mark Hedderman (pictured), CEO of Custom House Fund Services, the hedge fund administration industry needs a moment to reflect and think long and hard about what the preferred model to conduct hedge fund administration should be. It’s time to
According to a report produced last August by PwC entitled ‘Hedge Fund Administration – The quest for profitable growth’, there have been 27 HFA acquisitions since 2006, with 11 of those targets running USD20 billion or more in AuA. As
Solomon Wifa has joined Willkie Farr & Gallagher firm as a partner in then firm’s London office. Wifa, a well-established investment funds lawyer with experience across a diverse range of asset classes, has represented sponsors in the formation of, and
Misys has appointed a new President and Chief Sales Officer, Simon Paris who will have respsonsibility for the entire go-to-market organisation, including sales, marketing, pre-sales and partners. Paris will use his considerable experience to deepen customer engagement and drive revenue
Tony Buche has joined KNEIP where he will lead the relationship management team. Based at KNEIP’s head quarters in Luxembourg, Buche will be responsible for all of KNEIP’s existing client relationships worldwide and be charged with maintaining KNEIP’s industry-leading standards
Hermes Investment Management has added to its suite of global fixed income offerings with the launch of the Hermes Absolute Return Credit Fund, a UCITS fund which targets a positive investment return over a rolling 12 month period irrespective of
Equity and bond markets experienced renewed tensions during the period under review. European markets saw higher selling pressure than US markets, which was a negative for Global Macro managers as they have sizeable long European equities positions in their portfolios.
