Fund administration

Firms create Middle East asset manager trade association

Investment management in the Middle East has a new trade body, which its founders say will give a “much needed” voice for fund managers...

Apex wins Abu Dhabi real estate fund mandate

Masdar Green Real Estate Investment Trust (Reit) has appointed Apex Group as its fund administrator. The Abu Dhabi-based Masdar Green describes itself as the first...

Apex acquires Israeli fund services group

Global fund administrator Apex Group has continued its global acquisition spree with the purchase of Tzur Management, a specialist fund administrator based in Israel. The...

Citco plans Abu Dhabi move

Fund administrator Citco is to open an office in Abu Dhabi to capitalise on the growth of its business in the region. Assets under administration...

Apex wins Shuaa Capital mandate

UAE-based asset manager, Shuaa Capital, has appointed Apex Group as the fund administrator for its US$200 million Financing Opportunities Fund.  The fund is focused on...

BNY Mellon opens Abu Dhabi office

US global custodian Bank of New York Mellon (BNY Mellon) has bolstered its presence in the Mena market after opening an office in Abu...

Credit Suisse appoints new Saudi head

Saudi national and former managing director for Mizuho Saudi Arabia, Khalid Al Ghamdi, has been appointed as the new chief executive at Credit Suisse...

Northern Trust appointed by AD Global for Ucits fund launch

Abu Dhabi-based investment manager AD Global Investors has selected Northern Trust (NT) to provide asset servicing in support of four new Ucits funds domiciled...

BACK OFFICE VIEW: Keep your friends close

Global market volatility and compliance with ever-changing international regulations are among the main reasons investors are demanding up-to-date data from their investment managers. To...

ASSET SERVICER ROUNDTABLE: Local is lekker

Our panel in Cape Town discussed the move to T+3, the complexity of trade settlement on the continent and the challenges of building a...