HSBC and Mount Street Group to service Aviva Investors’ £50bn real assets business
The two firms will assume all fund administration and debt servicing functions for Aviva Investors’ Real Assets business.
The two firms will assume all fund administration and debt servicing functions for Aviva Investors’ Real Assets business.
Asset manager with roots in Guernsey, Singapore and Luxembourg looks to expand into Australia, leaning on Apex for fund administration and custody.
Services will include global custody, financial reporting, securities finance, private equity administration, performance measurement and compliance monitoring.
The collaboration combines BNY Mellon’s global footprint with Emirates NBD’s regional expertise.
New licences will cover alternative investment fund management (AIFM) services, fund administration services and real asset depositary services.
Assets under depositary to increase by €4.5 billion on completion of the transaction.
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Custodian will deliver reporting, trading and administration solutions for £255 million UK investment trust.
Investor will deploy Apex Health Check to track and drive improvements in ESG measurement.
The extension builds on a relationship spanning nearly five decades between the two firms.