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Norther Trust's third quarter reveals AUC growth


22 October 2013 Chicago
Reporter: Georgina Lavers

Northern Trust’s assets under custody have increased by 10 percent year-on-year, and 5 percent sequentially, for its third quarter results this year...
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Northern Trust Hedge Fund Services mandated by Alcova


22 October 2013 London
Reporter: Georgina Lavers

Alcova Asset Management has selected Northern Trust Hedge Fund Services to provide a full range of administrative and middle-office outsourcing services to its quantitatively driven, equity market-neutral fund...
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Post-communist Romanian fund appoints SocGen


22 October 2013 Bucharest
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has been appointed by S.C. Fondul Proprietatea to act as its custody and depository agent bank in Romania...
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SunGard adds Philippine broker to network


21 October 2013 Philippines
Reporter: Georgina Lavers

First Metro Securities Brokerage Corporation has joined the SunGard Global Network (SGN) to become the network’s first broker based in the Philippines...
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Russian CSD takes up legal identification


18 October 2013 Moscow
Reporter: Georgina Lavers

National Settlement Depository (NSD), Russia’s central securities depository, has begun to act as a pre-local operating unit that provides assigns pre-legal entity identifiers to Russian legal entities...
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CIBC Mellon keeps newspaper mandate


18 October 2013 Halifax
Reporter: Georgina Lavers

CIBC Mellon has been kept as the asset servicing provider for the Halifax Herald Limited, publisher of The Chronicle Herald newspaper...
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BBH has new corporate actions system


17 October 2013 Boston
Reporter: Georgina Lavers

Brown Brothers Harriman has created a corporate actions tool, InfoActionSM, to target institutional asset managers...