08 August 2013Charlottetown Reporter: Georgina Lavers
CIBC Mellon has been selected to provide asset servicing for the pension plan for employees of the University of Prince Edward Island and the UPEI endowment funds...
Cordea Savills Invest GmbH, the investment company of Cordea Savills group, will transfer its depotbank services for real estate funds to CACEIS in the third quarter of 2013...
BNP Paribas Securities Services has acquired Commerzbank’s depotbank business for German-domiciled UCITS and institutional funds, securities funds as well as open-ended real estate funds...
State Street is in line to replace BNY Mellon as the master custodian of New York City’s five pension funds. The city’s comptroller John Liu said that State Street’s proposal was the cheapest to emerge from an open bidding process...
Citi has been mandated by Mirae Asset to provide fund administration, custody and index receipt services for a new ETF platform in the US under the Horizons brand...
Citi has been appointed custodian of the Nationwide Building Society's assets held in Euroclear and DTC. These assets, worth around $10 billion, were migrated to Citi on 7 June 2013...
Peregrine Equities, part of the Peregrine Group, has selected Societe Generale Securities Services (SGSS) in South Africa to provide them with custody services...
Arabian Gulf Holdings has appointed BNP Paribas as the prime broker and custodian for its latest fund. The bank will provide currency hedging and custody services for the Bahamas-based AGF Arbitrage Fund...
BNY Mellon, State Street and Northern Trust are facing reviews of their long-term ratings because of narrow margins in core custody services and an over reliance on ancillary services such as securities lending, according to Moody’s...
