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SS&C acquires Gravity Financial


01 October 2012 Connecticut
Reporter: Georgina Lavers

SS&C Technologies has acquired Gravity Financial, a Connecticut-based full-service fund administrator, in order to build its presence in the alternative fund service...
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State Street is new custodian of Danish fund


26 September 2012 London
Reporter: Georgina Lavers

State Street will provide custody, transfer agency and fund administration services to Danish investment firm Maj Invest’s newly launched sinAl fund, a long-short equity fund...
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Northern Trust creates jobs in Limerick


24 September 2012 Limerick
Reporter: Georgina Lavers

Northern Trust is to expand its fund services operation in Limerick by creating up to 400 new jobs over the next five years...
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SocGen grabs third and fourth TA mandates


24 September 2012 Paris
Reporter: Georgina Lavers

Societe Generale has bagged two more mandates in a push of its transfer agency services. Its securities services division in Italy (SGSS S.p.A.)...
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SocGen gains second transfer agent


18 September 2012 Paris
Reporter: Georgina Lavers

Societe Generale Securities Services in Italy has signed its second transfer agency agreement in as many weeks, with AllianceBernstein SICA...
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ICBC opens first securities service centre


30 August 2012 Hong Kong
Reporter: Jenna Jones

Industrial and Commercial Bank of China (ICBC) has opened its first securities service centre in Hong Kong. The centre, which opened on 13 August, will offer a wide range of securities services to its customers...
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Nomura acquires additional QFII quota


23 August 2012 Tokyo
Reporter: Jenna Jones

Nomura Asset Management, a wholly owned subsidiary of Nomura, has acquired an additional quota under China’s qualified foreign institutional investor programme (QFII)...
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SS&C GlobeOp sees investors wary of hedge funds


21 August 2012 London & New York
Reporter: Georgina Lavers

The SS&C GlobeOp Forward Redemption Indicator for August 2012 measured 3.34 percent, up from 2.18 percent in July and reflecting increased investor demands to exit hedge funds...
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Citi implements $22.7 billion Victory mandate


17 August 2012 New York
Reporter: Mark Dugdale

Citi has successfully implemented a mandate to convert Victory Capital Management assets to a full range of middle office outsourcing services...