Waystone, an institutional provider of services to the asset management industry, is taking on the Centaur Group (Centaur), a global fund administration and fiduciary services provider, subject to regulatory approval.
The transaction will significantly broaden Waystone's service offering to asset managers and their investors.
This transaction is the first time a third-party management company has moved to integrate a fund administrator to complement its service offering.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More