Link Group expands operations in Europe

Link Fund Solutions Link Group

7 September 2018
| By Oksana Patron |
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Link Fund Solutions, part of Link Administration Holdings, has been granted a license to act as UCITS management company and authorised alternative investment fund manager by the Luxembourg’s financial sector regulator, the Commission de Surveillance du Secteur Financier (CSSF).

The company said the move was in line with the group’s growth strategy aimed at targeting key European markets as it would expand the range of investment opportunities for local Australian asset managers who look at expanding offshore distribution channels.

Chris Addenbrooke, chief executive officer, Link Group’s Fund Solutions division in Europe, said the move was the result of a long-term vision initiated in the UK and Ireland.

“Luxembourg is a key jurisdiction for our clients’ cross-border funds and enhancing our proposition in the region is a natural step for us,” he said.

“Being independent and 100 per cent focused on third-party clients is a key strength. We are confident our value proposition will enable us to achieve our ambitious growth plans for the region.”

The Link Fund Solutions third-party “Super ManCo”, which is based in Luxembourg, would provide its services to fund initiators.

Link Fund Solutions is a specialist provider of outsourced middle and back office administration, fund accounting, custodial and unit registry services to a client base of fund managers, trustees and listed investment companies.

It also offers service to traditional and alternative funds in the UK, Ireland and Luxembourg.

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