Waystone’s global ManCo and ACD business now overseeing more than $400bn in AUM
- Waystone Regulated Fund Solutions business now overseeing more than $400bn AUM.
- Growth driven by rise in investment managers and sponsors globally, particularly from the US, using Waystone’s Management Company (ManCo), ACD and ETF platform services.
- Demonstrates the trust that both existing and new investment managers and sponsors continue to place in Waystone as their businesses grow.
- Follows recent announcement that Waystone was named largest independent ManCo in Ireland, the fastest growing in Luxembourg, and number one independent ACD in the UK by AUM.
Waystone, a leading provider of specialist services to the global asset management industry, today announced that the Assets Under Management (AUM) by its global ManCo and ACD business have surpassed $400bn.
The increase in AUM reflects a rise in asset managers and sponsors globally, particularly from the US, leveraging Waystone’s suite of Regulated Funds Solutions, including its Management Company (ManCo), ACD and ETF platforms.
Through a combination of Waystone’s multidisciplinary expertise and leading technologies, Waystone’s solutions enable asset managers and sponsors to concentrate on their core priorities – strategy, fundraising and fund performance – while ensuring effective oversight and regulatory compliance.
This growth follows recent announcements where Waystone was named the number one independent ManCo in Ireland and the fastest growing in Luxembourg, as well as the number one independent ACD in the UK measured by AUM.
The exceptional service delivered consistently by teams across Waystone, along with its comprehensive product suite, has brought about client trust and growth. Waystone’s global footprint now spans key financial hubs across North America, Europe, the Middle East and Asia Pacific, providing clients with global capabilities and localised expertise and support.
Sanjiv Sawhney, Waystone’s Group CEO, said: “Our team is unwavering in their commitment to delivering top-tier solutions that support our clients to grow and scale effectively. We will continue to make significant investments in our people, products and technology, driving further growth globally and delivering exceptional value to our clients.”
Rachel Wheeler, Global Product Head of Regulated Fund Solutions, said: “Breaking the $400bn barrier is testament to our team’s hard work and to the trust and confidence our clients across the globe place in us. Our Regulated Funds Solutions product strength continues to serve as a solid foundation for driving operational excellence and strategic growth for our clients.”
Daniel Forbes, Head of Region, North America Client Solutions, said: “This milestone reflects the immense growth and interest we continue to see across multiple product lines, particularly with US clients utilising our ManCo services.”
About Waystone
Waystone is a leading provider of institutional governance, administration, risk and compliance services to the asset management industry. Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.
With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.
For More Information
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Harry Roxburgh – +44 7814 372664
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