CACEIS taps BNY Mellon’s former EMEA head of ETFs to lead business
CACEIS has set strategic plans to grow in Ireland, specifically in the ETF market where the country is the domicile for over half of all European ETFs.
CACEIS has set strategic plans to grow in Ireland, specifically in the ETF market where the country is the domicile for over half of all European ETFs.
The fund administration licence further expands on Crestbridge’s strategy to grow in the world’s top fund domiciles.
The new acquisition follows IQ-EQ’s launch of a dedicated funds business in Ireland earlier this year.
The new launch will strengthen Alter Domus’ offering for existing clients seeking to domicile alternative investment funds in Ireland.
Custodians and fund administrators are bracing for an influx of asset managers to launch new private markets funds in Ireland.
The FinTech firm stated many of the major registrars and custodians have adopted the Proxymity platform, representing 96% of Irish equity issuers.
Many investment banks have had to scramble to update their back-office operations in order to prevent a potential spike of failed trades.
The head of BNY Mellon's ETF servicing business has left after more than three years with the bank based in Ireland.
Custodians have been expanding their Ireland footprint and are bolstering services with a focus on private markets and alternatives assets.