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Mixed results for funds in April


08 May 2014 London
Reporter: Stephen Durham

Aggregate hedge fund performance was positive in April but equity strategies, which have taken in the vast majority of investor flows in 2014, were negative for the second consecutive month...
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Euroclear and DTCC announce joint venture


07 May 2014 London
Reporter: Stephen Durham

The Boards of Euroclear and The Depository Trust & Clearing Corporation (DTCC) have authorised a joint venture to deliver a collateral processing infrastructure that will integrate both companies’ capabilities...
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New FATCA solution for TMF clients


07 May 2014 Chicago
Reporter: Tammy Facey

TMF Custom House Global Fund Services is offering a new Foreign Account Tax Compliance Act (FATCA) solution...
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Citi lands NBIM mandate


06 May 2014 Oslo
Reporter: Stephen Durham

Citi has been awarded a mandate from NBIM, the organisation responsible for managing the Government Pension Fund Global, to provide global custody and securities lending services to support NBIM’s $850 billion investment portfolio globally...
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Providence Financial acquires Fund Corporation


06 May 2014 London
Reporter: Stephen Durham

Brazilian emerging markets specialist Providence Financial is moving into fund administration in Guernsey, after agreeing to acquire Fund Corporation...