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HSBC scores Cornwall pension fund mandate


13 February 2014 Cornwall
Reporter: Georgina Lavers

HSBC Global Asset Management has been chosen as one of two managers to collectively manage £60 million in active frontier market equities, on behalf of the £1.4 billion Cornwall Pension Fund and its members...
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Milestone signs Oppenheimer into NAV solution


13 February 2014 Boston
Reporter: Georgina Lavers

OppenheimerFunds has selected Milestone Group’s NAV oversight solution to automate in-house verification of outsourced fund processing functions...
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Seven Capital issues mandate to CACEIS


11 February 2014 Luxembourg
Reporter: Daniel Jackson

Seven Capital Management has selected CACEIS in Luxembourg as custodian and administrator for its Seven Lux SICAV-SIF fund...
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Deutsche Bank appointed depository of Asciano


11 February 2014 Sydney
Reporter: Daniel Jackson

Deutsche Bank has been appointed as depository bank for the non-capital raising sponsored Level I American depository receipt programme of Australia-based Asciano Limited...
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Clearstream AUC rises 6 percent


11 February 2014 Luxembourg
Reporter: Georgina Lavers

Clearstream’s assets under custody increased by 6 percent year-on-year, results showed..
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Asset management is new head of the wolf pack


10 February 2014 London
Reporter: Georgina Lavers

Global assets under management will rise to around $101.7 trillion by 2020, from a 2012 total of $63.9 trillion, representing the move of the asset management industry to front and centre...
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Simon Moorhead moves from BofE to IFDS


10 February 2014 London
Reporter: Georgina Lavers

International Financial Data Services (IFDS) has hired Simon Moorhead as chief information officer of its global business...