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Former Bank of Ireland chief Francesca McDonagh hired to lead German-based funds servicer

UK-born banker, who took out Irish citizenship while at BoI, found herself at the epicentre of Europe’s biggest banking crisis in more than a decade while at Credit Suisse

Universal Investment Ireland appoints managing director to its board

Universal Investment Ireland appoints managing director to its board
funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.

Manning up : The challenge for ManCos

Manning up : The challenge for ManCos
funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.

Germany s Universal-Investment enters Irish ManCo market

Germany s Universal-Investment enters Irish ManCo market Dec 17, 2020 By Funds Europe German fund administrator Universal-Investment Group has acquired management company Metzler Ireland in a move to enter the Irish funds market, which is a beneficiary of growth in the provision of ‘ManCo’ services. The terms of the deal were not disclosed. The acquisition, which is still subject to regulatory approval, sees Universal-Investment creating a third servicing hub after Germany and Luxembourg. Universal-Investment and Metzler already have a large number of common clients for which they act as administrator and asset manager, respectively, and intend to cooperate on Irish fund launches. Universal-Investment had already taken over the fund pricing and legal reporting for around 300 mutual and institutional funds launched by Metzler Asset Management in Germany and Ireland with a volume totalling over €56 billion.

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