Saturday, 26 July 2014
Last updated 12 hours ago
Nov 17 2008 | 9:03am ET
While other hedge fund servicing firms are scaling back their presence in Ireland due to the financial crisis, GlobeOp Financial Services has expanded to the Emerald Isle.
The hedge fund administrator has won regulatory approval for its new Dublin office, headed by Jim Casey, the firm’s global head of investor relations. The new office offers fund accounting and reporting, share registry and transfer agency, and investor communications.
“Ireland is a strategically important administrative center for European-domiciled funds,” Casey explained. “Despite market turbulence this past year, the European funds sector continues to develop its long-term potential.”
In addition to GlobeOp’s new Dublin digs, the firm has offices in the U.S. and the Cayman Islands, having opened a new “hurricane-proof” office in the latter earlier this year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…