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Deutsche picks up Australian mandate


03 March 2014 Melbourne
Reporter: Georgina Lavers

Deutsche Bank is the new depository bank for the noncapital raising sponsored Level I American Depositary Receipt (ADR) programme of IOOF Holdings...
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Frank La Salla takes the weight off of Pandiri


03 March 2014 New York
Reporter: Georgina Lavers

BNY Mellon has appointed Frank La Salla as CEO of its alternative investment services (AIS) business, a role that Samir Pandiri has held for the past two years...
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BNP Paribas secures RQFII fund mandates


28 February 2014 Hong Kong
Reporter: Mark Dugdale

HFT Investment Management has given BNP Paribas Securities Services custody of its recently launched renminbi (RMB) qualified foreign institutional investor (RQFII) fund offerings...
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Euroclear reports record year for assets under custody


28 February 2014 London
Reporter: Mark Dugdale

Euroclear held a record €24.2 trillion in assets under custody in 2013. The value of securities held on behalf of its clients increased by more than €1 trillion, representing a 5 percent year-over-year increase...
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BNY Mellon strikes deal with Croydon Fund


27 February 2014 London
Reporter: Stephen Durham

BNY Mellon has been reappointed by the London Borough of Croydon Pension Fund to provide custody, fund administration and cash management services to assets valued at £668 million...
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Raffeisen choose PROactive


27 February 2014 Vienna
Reporter: Stephen Durham

Vienna-based Raiffeisen Bank has implemented Broadridge's PROactive Reconciliation Solution across six of its regional subsidiaries to fully automate reconciliation processing...
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Northern Trust strengthens Malaysian presence


26 February 2014 Kuala Lumpur
Reporter: Stephen Durham

Northern Trust has opened a Malaysia office to support current institutional clients and develop Northern Trust’s businesses in Malaysia and the wider region...
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CACEIS establishes French fund


25 February 2014 Paris
Reporter: Stephen Durham

Asset manager Tikehau and its service provider CACEIS have established the FCT Novo 2 French mutual securitisation fund...
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Hedge fund managers cite cost and quality for moves


25 February 2014 London
Reporter: Mark Dugdale

Hedge fund managers are changing their service providers, particularly administrators and prime brokers, because of low-quality service and cost, a survey has found...