Ireland gains massive boost for private funds market following new reforms
The Bill provides greater flexibility for firms to set up private markets funds in Ireland, giving the country a huge boost as it competes with other fund domiciles.
Tag: Alternatives
Valuing alternative assets during COVID-19
The uncertainty around the future impact of COVID-19, along with turbulent stock markets, has provided multiple challenges in valuations for alternative assets; however, industry advice is to believe in the models that have worked in the past.
BNY Mellon recruits duo to bolster Irish and alternatives fund services business
Among the swathe of recent appointments, the former head of investor services for Ireland at Citi has joined to lead BNY Mellon's Irish fund services business.
Here come the hybrids
With COVID-19 rattling markets, Charles Gubert explores how well diversified alternative asset management strategies have fared during this period.
Deka Immobilien appoints BNY Mellon as fund administrator for €40bn real estate assets
BNY Mellon’s role will be to coordinate accounting data and provide it back to Deka Immobilien for their NAV calculations.
Hedge funds increase demands for data transparency from providers
Alternatives fund managers said they would like better transparency and control over the net asset value (NAV) administration process performed by fund administrators.
European Commission’s AIFMD review could see expanded depository role for custodians
A potential AIFMD passport and UK equivalence could smooth the way for UK custodians to expand their depositary services across the EU market.
FinTech iCapital to acquire alternative investment platform from Wells Fargo
Wells Fargo will join a growing a list of coveted investors which include some of the biggest custodians, investment banks, and buy-side firms.
Clearstream to use alts FinTech to automate funds trade docs
The Luxembourg-based CSD will use Finomial’s technology to automate trade documentation completion for funds in alternative assets.
Apex loses chief revenue officer as fund admin veteran departs
The head of Apex Group's marketing and sales initiatives has left after helping spearhead new revenue streams following its period of acquiring high-profile firms.