Luxembourg Investment Solutions Partners with Butterfield Fulcrum
Independent fund services provider Butterfield Fulcrum and Ucits-licensed management company Luxembourg Investment Solutions (LIS) have signed an agreement to provide a suite of management company and fund administration services in Luxembourg.
The relationship allows non-European fund initiators to launch Luxembourg-domiciled funds with a single point of contact for fund administration and corporate secretarial needs.
According to Butterfield Fulcrum, this partnership will help investment managers, institutional investors and family offices realize their investment ideas through a plug-and-play solution.
Butterfield Fulcrum will now offer the setup and administration of the complete range of fund structures available in Luxembourg from SIF to Ucits, leveraging the firm's front-, middle- and back-office systems.
Through this partnership with LIS, the fund manager can swiftly set up customized regulated fund structures with full coordination between the Luxembourg financial supervisory company, CSSF, legal advisors, tax specialists, custodians and other Luxembourg-based entities.
Tim Thornton, managing director, global client delivery, says bringing together the jurisdictional and product expertise of LIS and the operational infrastructure of Butterfield Fulcrum has allowed them to create an offering that encompasses every aspect, from design and setup to complete reporting and administration services, for managers wishing to establish a European onshore structure.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Facing platform shutdown, former IEX Cloud head buys its assets in 11th-hour bid
Tim Baker, Pedro Aguayo, and a silent partner have come together to purchase IEX Cloud’s assets days before the exchange was to retire all its products on August 31.
Recent volatility highlights tech’s vital role in fixed income pricing
MarketAxess’ Julien Alexandre discusses how cutting-edge technology is transforming pricing and execution in the fixed income market amid periodic bouts of volatility
Banks fret over vendor contracts as Dora deadline looms
Thousands of vendor contracts will need repapering to comply with EU’s new digital resilience rules
Where have all the exchange platform providers gone?
The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.
This Week: Trading Technologies completes ANS deal; State Street; Equinix; and more
A summary of the latest financial technology news.
Interactive Brokers looks beyond US borders for growth opportunities
As retail trading has grown in volume and importance, Interactive Brokers and others are expanding international offerings and marketing abroad.
JP Morgan’s goal of STP in loans materializes on Versana’s platform
The accomplishment highlights the budding digitization of private credit, though it’s still a long road ahead.
As data volumes explode, expect more outages
Waters Wrap: At least for those unprepared—though preparation is no easy task—says Anthony.