Asset Servicing

With EFA, UI pushes assets administrated above €900 bln

Michael Reinhard, Chief Executive Officer, Universal Investment, and Katja Müller, Chief Customer Officer, Universal Investment

By successfully closing its acquisition of European Fund Administration, Universal Investment has pushed its assets under administration by more than a fifth to above 900 billion euro in more than 7000 funds, the firm has announced. Financial details were not disclosed.

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