All latest asset servicing news

Investment risk becomes more of an issue

18 February 2014 New York
Reporter: Georgina Lavers

Institutional investors expect risk management to play an even greater role in the investment decision process in the future, according to a new study by BNY Mellon and Nobel Prize-winning economist Dr. Harry Markowitz...

Industry predicts AIFMD sluggishness

18 February 2014 London
Reporter: Georgina Lavers

More than half of fund managers, prospective clients and consultants attending a seminar on AIFMD said they believed investors would still not be engaged in AIFMD considerations by December 2015.??...

TMF Group takes over Custom House

17 February 2014 Malta
Reporter: Georgina Lavers

TMF Group has acquired 49 percent and become the sole owner of Custom House Global Fund Services. The transaction is subject to regulatory clearance, but is expected to be completed by June 2014...

JTC outsources for blossoming fund admin

17 February 2014 The Channel Islands
Reporter: Georgina Lavers

Fund administrator JTC Group has chosen eFront to support the continuing expansion of its business portfolio...

Revel Wood is new CEO of RBS Luxembourg SA

17 February 2014 Luxembourg
Reporter: Georgina Lavers

The Royal Bank of Scotland (RBS) has hired Revel Wood as CEO of RBS (Luxembourg) SA, its Luxembourg-domiciled management company and fund governance business...

ESMA extends its EMIR Q+A, to general irritation

14 February 2014 Brussels
Reporter: Georgina Lavers

The European Securities and Markets Authority (ESMA) has updated its Q&A to address concerns over the European Markets Infrastructure Regulation (EMIR), despite those in the industry saying that the update has come too late...

Lyxor AM's CEO is latest exec to depart

14 February 2014 Paris
Reporter: Georgina Lavers

Lyxor Asset Management has appointed Lionel Paquin as its CEO to replace Inès de Dinechin, who is leaving the group...

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...