Mergers & Acquisitions / Joint Ventures

Managed account platform Altinus receives backing from Butterfield Fulcrum

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Butterfield Fulcrum, a fund administrator that services some 700 funds, is the latest firm to enter the managed account space. The third-party administrator is backing Altinus, an independent, managed accounts platform that provides segregated and commingled managed accounts with a common set of tools for operations, administration and risk monitoring. The platform provides an operational and technological infrastructure that complements the investment management services provided by an asset allocator.


Akshaya Bhargava


Akshaya Bhargava, Butterfield Fulcrum's chief executive officer said: "It is designed to eliminate service and fee duplication by allowing allocators to determine investment allocation, while