St. Helier, 12 December 2017 – MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has relocated its Jersey operations to new premises following strong business growth in the past 18 months.
The new office is located at 1st Floor, 2 Hill Street, St Helier and has ample capacity for MUFG Investor Services to grow its existing team. The office move was recently celebrated with an evening reception for clients, prospects and industry influencers. It was a well-attended event and an opportunity for the local team to highlight the service offering in Jersey, which includes fund solutions for private equity, real estate, infrastructure and debt funds.
The move to new premises also follows MUFG Investor Services’ acquisition of UBS Global Asset Management’s Alternative Fund Services business. The deal included the UBS Alternative Fund Services Jersey team, which over the last few years has thrived under the MUFG Investor Services’ strategy to become an industry-leading administrator. The team has plans for further recruitment and expansion in response to growing client demand for Jersey-based fund administration specialists.
Tristan Vellam, Head of Client Services Jersey, MUFG Investor Services, commented:
“Our operations in Jersey have proved very successful and we are seeing increased demand for our services as the island rises in importance as an investment services hub. The office move is a landmark moment in the growth of our business as it allows us to extend our best-in-class asset servicing solutions.
“Increased office space and a central St Helier location will enable us to attract and retain more of the talented individuals that help us to best serve our clients and enhance our offering. Our plans demonstrate our commitment to Jersey’s financial services industry and support our ambition to become the leading investor services player in the market.”
About MUFG Investor Services
MUFG Investor Services provides asset servicing solutions to clients globally. Leveraging the financial and intellectual capital of MUFG – the fifth largest bank in the world with $2.7 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, financing, trustee services and depositary to securities lending and other banking services.
MUFG has 350 years of banking history, 90 years of custody experience and has run a global securities lending program for 20 years. MUFG currently provides administration services for over 2,400 funds across all investment strategies, asset types and fund structures. It has over $515bn in assets under administration.
MUFG Investor Services is a service brand name. Please refer to the office locations page for details on contracting entities. All entities listed are a wholly owned member of MUFG, a global financial group. https://www.mufg-investorservices.com/about-us/our-locations/