Deutsche Bank’s leadership in fund services has been recognized by HFM Week in its annual European Services Awards for 2014.
Deutsche Bank was named Best Administrator – Over $30bn Single Manager, the first time that such an accolade has been awarded to the Bank in this space
HFM Week’s editorial team decides upon the winners of its awards, which were announced at a lunch in London on 27 March 2014. Deutsche Bank Fund Services was also shortlisted as most innovative fund administrator (USD 30bn-plus).
Mike Hughes, Global Head of Fund Services, commented: “This is a milestone in the evolution of our alternatives business. Winning this award is a reflection of significant growth – in terms of assets under administration, our global footprint and our reputation in the marketplace. Over the last few years, we have invested around the world in our people, technology and products to cater for new, dynamic asset classes. As a result, we now have award-winning products in each of the core segments in which we compete: private equity, fund of hedge fund, managed accounts and single manager products and services.”
Deutsche Bank Fund Services is a leading provider of fund administration services to the alternative investments segments. It is part of the Bank’s Trust & Securities Services business within the Global Transaction Banking division. For more information on its services please click here.
Mike Hughes, Global Head of Fund Services, Deutsche Bank