UMB Fund Services (UMBFS), a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), has been selected to provide services to the AFA Multi-Manager Credit Fund—Alternative Fund Advisors’ (AFA) first registered closed-end interval fund. UMBFS will provide transfer agency, fund accounting, tax
The implementation of ESG metrics for regulated funds under the EU’s sustainability-focused SFDR framework remains a “work in progress” for many hedge funds and other asset managers, according to fund structuring and governance service provider Waystone.
Broadridge Financial Solutions, Inc, a global Fintech leader, has announced the successful go-live of its transformative distributed ledger repo (DLR) platform. Early participants of the blockchain-enabled platform are realising significant and immediate benefits of reduced risk, operational costs and enhanced
Despite a challenging fundraising environment, the new Limited Partnership Fund Ordinance regulation (LPF) has the potential to make Hong Kong the preferred domicile for investment funds in Asia, especially once travel restrictions are lifted. As investors seek to broaden their portfolios,
Hong Kong recently introduced regulatory reforms, policies and incentives to drive growth and increase Hong Kong’s attractiveness as a fund domicile. The newly adopted Limited Partnership Fund Ordinance (LPF) bill allows Hong Kong’s private equity firms to launch limited partnership
NAV Fund Administration Group, a provider of administrative services to alternative asset managers, has launched NAV Fund Services (Australia) Pty Ltd, a new business entity in Australia. “In evaluating Australia as a potential location, we found a market ideally positioned
As Asian investors demonstrate a growing appetite to allocate to alternative investment funds, Hong Kong is becoming more attractive to managers looking to make the most of the opportunity.
SIGTech, a provider of next-gen quant trading technology for global investment managers, has announced that it has integrated with IHS Markit Data Lake. The integration facilitates access to over 1,500 proprietary datasets curated by IHS Markit, enabling quantitative fund managers
For asset managers, selecting the right fund accounting and reporting platform is a crucial step. Get it right, and everyone – from portfolio managers to back-office staff and investors – can benefit from a seamless experience streamlining many of the
A new in-depth white paper by SEI sets out how the fund management industry can best address the often complex and challenging process of middle office outsourcing, particularly in the rapidly-altered Covid-19 working environment.
