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Clearstream has established a branch in Dublin to extend its post-trade offering in the area of investment funds to hedge funds. Clearstream Banking S.A., Dublin Branch, will extend the company’s investment funds business to alternative funds and allow Clearstream to service the entire range of funds: mutual funds, exchange-traded funds and hedge funds. The hedge fund investor services were set up following a steep increase in client demand for such investments and will over time be fully integrated into Clearstream’s fund processing environment. The new venture has already signed six pilot customers. Christian Westerholt, previously Head of Product Development in Clearstream’s Investment Fund Services area, will be the General Manager of the Dublin branch.
Michael...
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