London
31 May 2013
Reporter: Jenna Jones
Securities Lending default image
Henderson improves fund efficiency with Euroclear
Henderson Global Investors has made all of its investment funds available for processing on Euroclear UK and Ireland’s fully automated fund processing platform.

Henderson is one of the first international asset managers to utitlise Euroclear’s electronic ‘order routing through to settlement’ service.

The new platform will reduce risk and improve the efficiency of settlement, reconciliation and asset servicing of Henderson funds, both in-house and for Henderson clients.

John Trundle, CEO of Euroclear UK and Ireland, said: “One of the catalysts for retail-oriented investment firms to look for greater efficiency gains is the retail distribution review (RDR).”

“Euroclear’s service is supportive of the RDR and enables our clients to achieve reliability, speed and transparency throughout the life cycle of an investment funds order. We welcome Henderson’s family of funds for processing at the same low processing costs already available for other asset classes."

Mike Morecroft, director of client operations at Henderson, said: "Putting the client at the heart of what we do is one of our key principles. Together with Euroclear, we are committed to supporting the drive to improve order routing and settlement for the industry and so we are pleased to be making this announcement."

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Northern Trust has reported a 16 percent rise in assets under custody in Q2 2017.
Standard Chartered builds on securities services team
25 July 2017 | Singapore | Reporter: Jenna Lomax
Standard Chartered has appointed Ryan Cuthbertson as head of product management, custody and clearing, securities services and transaction banking
UniCredit embarks on test phase for European instant payments
25 July 2017 | Milan | Reporter: Stephanie Palmer
UniCredit has started testing EBA Clearing’s instant payment solution RT1, in preparation to roll out instant payments multinationally
Eagle Fund Accounting Solution to be used by Desjardins
24 July 2017 | | Reporter: Jenna Lomax
Desjardins Asset Management, part of Desjardins Group, previously signed with Eagle Accounting for its asset management in 2011
Clearstream gains Edmond de Rothschild as Vestima client
24 July 2017 | Switzerland | Reporter: Jenna Lomax
Vestima, Clearstream’s fund process programme, will assist Rothschild by processing its assets in its mutual funds and hedge funds on a single platform
Northern Trust to offer fund services to GuideStone Funds
24 July 2017 | Dallas | Reporter: Jenna Lomax
GuideStone Funds is a subsidiary of GuideStone Financial Resources, a financial service providing retirement, investment and life and health plans to evangelical Christian churches, educational institutions and ministry organisations
BNY Mellon recruits for alternative investment team
21 July 2017 | New York | Reporter: Jenna Lomax
BNY Mellon has made two senior appointments to its alternative investment services team
More news