Euroclear has revealed that at year-end 2021 it held assets under custody amounting to €37.6 trillion, a 15 per cent increase compared to the year prior
BNY Mellon has completed the onboarding of the fixed income investment portfolios of the National Pension Service of Korea, the world’s third-largest pension fund
Bloomberg’s BSKT service and Citi’s proprietary exchange-traded fund system have been integrated to better support Citi’s ETF clients who use BSKT to negotiate fixed income baskets
Essex-based Adapa Advisory has partnered with Investment & Wealth Management Consultants to further develop its presence in the wealth management and custody sectors globally
Digivault, the digital asset custody business within EQONEX Limited, achieved a 30-fold increase in assets under custody in 2021, reflecting the strong demand for accredited and regulated crypto-industry service providers
HSBC has successfully facilitated a transaction in Beijing Stock Exchange, placed by an offshore investor via the Qualified Foreign Investor scheme, becoming the first international custodian to facilitate a QFI trade in BSE
Multrees Investor Services (Multrees) is to continue providing GAM Wealth Management administration and custody services after an agreement to extend the partnership
Citi Securities Services has partnered with Taskize Limited, the operations workflow provider, to give its custody clients access to Taskize’s query management platform
J.P. Morgan has selected Clearstream Australia (formerly Ausmaq) as its sub-custodian for its unlisted managed funds and hedge funds in Australia and New Zealand
Mirae Asset Global Investments has selected Citi Australia to provide its custody and fund administration services for its Australian traditional fund business
Connecticut State Treasurer Shawn Wooden has selected State Street Bank & Trust to provide custody services and accounting administration for the Connecticut Retirement Plan and Trust Funds and the internally managed funds