Prime Services For Hedge Funds

SEI has unveiled a new service that assists SEC-registered investment advisers of private funds in meeting their Form PF obligations. »

Skandia Investment Group (SIG) is enhancing its highly successful GBP1bn risk targeted Spectrum range of funds by launching ‘Spectrum Select’ – a service which gives financial advisers new tools to provide their clients with an even more personalised investment service. »

BNY Mellon Asset Servicing, the global leader in investment services, has been selected to provide mutual fund sub-transfer agency services to Delaware Service Company, Inc, the transfer agent for The Delaware Investments Family of Funds and Optimum Fund Trust.   »

BNY Mellon Asset Servicing, the global leader in investment servicing, has been appointed by Barclays Wealth Funds Limited to provide transfer agency and fund accounting services to UK-domiciled assets valued at GBP4bn (USD6.4 million).   »

Pershing LLC, a BNY Mellon company, has added more than 20 new providers to its ValueAlliance program. ValueAlliance offers Pershing's introducing broker-dealer, independent registered investment advisor (RIA) and hedge fund customers preferred pricing and access to solutions from a network of third-party firms and consultants. »

Vistra announced has been selected to provide fund administration services for the innovative Privium Selection Fund platform (SCA SICAV-SIF) via its specialist fund services division operating out of Luxembourg. »

Butterfield Fulcrum has established a presence on the West Coast to be led by Brian Young. Based in the Pacific Northwest, Young, a Director of Business Development, will be responsible for promoting Butterfield Fulcrum’s fund administration services to investment managers across the west coast and mid-west markets. Previously, he was located in New York having joined Butterfield Fulcrum in 2010. »

Lord, Abbett & Co LLC (Lord Abbett), an independent, privately held investment management firm, and Wilshire Associates Incorporated (Wilshire), a global, independent investment consulting and services firm, have jointly launched Pro Active Income Solutions, an innovative asset-allocation approach designed to deliver targeted income for the independent advisory market.   »

UBP (Union Bancaire Privée), one of the largest Swiss asset managers, has appointed CACEIS as the fund administrator for its Luxembourg and French fund ranges. »

Quintillion has been chosen to provide administration services to the Investment Funds managed by Insparo Asset Management Limited (Insparo). »