Mitsubishi UFJ Financial Group is actively considering further acquisitions of hedge fund administrators following its purchase of Butterfield Fulcrum.
The inability of boutique fund administrators to invest in systems and technology catering to hedge funds’ regulatory reporting requirements will facilitate a new surge in M&A activity, the COO at the recently acquired Butterfield Fulcrum has
Mitsubishi UFJ Trust and Banking Corporation (MUTB) is to acquire Butterfield Fulcrum, the Bermuda-based fund administrator in what is the latest M&A deal in the space.
