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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...
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Hedge fund flows creep up for August


10 August 2012 Connecticut
Reporter: Georgina Lavers

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.36 percent in August. "Net inflows resumed in August taking the cumulative Index...
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Fund manager Ausbil Dexia links with Calastone


09 August 2012 Sydney
Reporter: Georgina Lavers

Equity specialist fund manager Ausbil Dexia has signed an agreement to commence transacting managed funds over the Calastone Transaction Network...
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Citi mandated by Kimmeridge for fund administration


02 August 2012 New York
Reporter: Georgina Lavers

Citi has been mandated from Kimmeridge Energy Fund to provide private equity fund and cash administration services. Kimmeridge is a private equity fund...
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Citi holds Value for Asia


30 July 2012 Dublin and London
Reporter: Georgina Lavers

One of Asia's largest asset management firms, Value Partners, has selected Citi to provide its first UCITS-compliant fund, the Absolute Greater China Classic Fund, with global custody, fund administration and fiduciary services...
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Paladyne unveil new data suite


25 July 2012 New York
Reporter: Georgina Lavers

Paladyne Systems, a Broadridge Financial Solutions company have a new release of Paladyne’s Reference Data Suite, which services assets run by hedge funds, investment managers, fund administrators, and prime brokers...