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SWIFT Institue focuses on Europe


22 May 2015 Brussels
Reporter: Stephen Durham

European mutual funds have embraced outsourcing different types of services, according to new research from the SWIFT Institute...
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Barclays promotes Rickards


22 May 2015 Isle of Man
Reporter: Stephen Durham

Barclays has appointed Steve Rickards as head of offshore funds...
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Euroclear: Collateral is a new currency


19 May 2015 Brussels
Reporter: Stephanie Palmer

Collateral mobility and the pricing of collateral assets are the biggest challenges for effectively managing collateral, according to a Euroclear survey...
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Deutsche Bank is depository for Transpacific ADR


14 May 2015 Sydney
Reporter: Stephanie Palmer

Deutsche Bank has been appointed to act as depository bank for the American depository receipt (ADR) programme or Transpacific Industries Group Limited...
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Mixed results for SS&C


13 May 2015 Connecticut
Reporter: Stephen Durham

The gross return of SS&C GlobeOp’s Hedge Fund Performance Index for April 2015 measured 0.34 percent, down from 1.30 percent in the previous month...
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RBC selected by Sun Life Financial Canada


12 May 2015 Toronto
Reporter: Stephen Durham

RBC Investor & Treasury Services has been appointed as custodian and fund administrator for Sun Life Financial Canada’s new line of segregated funds in the Canadian market...
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GIC adopts Omego Alert


11 May 2015 Singapore
Reporter: Stephen Durham

Singapore’s sovereign wealth fund GIC Private Limited has adopted Omgeo Alert, the industry’s largest web-based global database for the maintenance and communication of account and SSIs...
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BNY Mellon launches new ETF negotiation tool


06 May 2015 New York
Reporter: Stephanie Palmer

BNY Mellon has introduced a new automated process to aid authorised participants in the creation and redemption of exchange traded funds...
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RMB 50 billion RQFII quota for Luxembourg


29 April 2015 Luxembourg
Reporter: Stephanie Palmer

Luxembourg has been granted an RMB 50 billion RQFII quota by the People’s Bank of China, meaning that Luxembourg investors can now invest directly in the Chinese capital market...
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Custom House expands services in APAC


29 April 2015 Hong Kong
Reporter: Stephanie Palmer

Custom House Fund Services is expanding its presence in the Asia-Pacific region by opening a new office for hedge and private equity funds in Hong Kong...
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Multrees chosen for pensions solution


22 April 2015 London
Reporter: Stephanie Palmer

Multrees Investor Services has been selected to provide administration and custody services for AllianceBernstein’s retirement income solution, Retirement Bridge...