All latest asset servicing news

Crestbridge awarded internal AIFM licence

14 March 2014 Luxembourg
Reporter: Georgina Lavers

Crestbridge is one of the first firms to be granted AIFM licensing by the Luxembourg regulator CSSF, to become a provider of management company services to alternative investment funds...

Citi and East Capital invest in mainland China

13 March 2014 Hong Kong
Reporter: Georgina Lavers

Citi Investor Services has been picked by an asset manager specialising in emerging and frontier markets to provide a complete suite of fund services...

AXA just one of many to expand in LatAm

13 March 2014 London
Reporter: Georgina Lavers

BNP Paribas Securities Services and AXA Investment Managers (AXA IM) have extended an existing partnership to include settlement agency services in Latin America...

Commerzbank recruits custody and collateral consultants

13 March 2014 London
Reporter: Mark Dugdale

Fraser Mackenzie and Andy Cullen have joined Commerzbank Market Services as strategic consultants focused on product growth, integration and delivery for custody and collateral services...

Deutsche scoops Indonesia ETF mandate

12 March 2014 Kuala Lumpur
Reporter: Georgina Lavers

Deutsche Bank will provide custody and fund administration services to PT Indo Premier Investment Management for its newly launched stock-based exchange-traded fund, Premier ETF SMinfra18 Mutual Fund...

Exchange market reveals chinks in post-trade armour

12 March 2014 New York
Reporter: Georgina Lavers

The push toward an exchange-traded derivatives (ETD) market has exposed gaps in the post-trade process used by market participants to clear and settle these transactions, according to the new study from Greenwich Associates...

CACEIS to administer ABN AMRO's first UCITS funds

12 March 2014 Amsterdam
Reporter: Mark Dugdale

ABN AMRO Investment Management has launched the first two ABN AMRO Basic UCITS exchange-traded funds, which have been listed on Euronext Amsterdam since 6 February. CACEIS will provide accounting and related services to the funds...

Upward trend in AUA

11 March 2014 Atlanta
Reporter: Georgina Lavers

Respondents to the latest eVestment alternative fund administrator survey reported a 6.23 percent in growth in assets under administration (AUA), up to $6.37 trillion in the second half of 2013 compared to the first half of 2013...