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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...
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Citi reshuffles jobs to create investor services group


06 February 2014 London
Reporter: Georgina Lavers

Citi has integrated its services in a new platform, forming an “investor services group” that promises to address financing, execution, collateral management, custody and fund services...
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NSD extend collateral and clearing fees


06 February 2014 Moscow
Reporter: Georgina Lavers

The supervisory board of National Settlement Depository (NSD), Russia’s central securities depository, voted to extend the validity of the fees for collateral management services and the fees for clearing services...
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BNP Paribas bolsters its ranks


06 February 2014 London
Reporter: Stephen Durham

BNP Paribas Securities Services has made four new appointments to its existing UK client development team for institutional investors...
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BNY Mellon picks up Aon Hewitt mandate


06 February 2014 London
Reporter: Georgina Lavers

BNY Mellon has scored a fund administration and securities lending mandate with Aon Hewitt on two of its Irish-domiciled fund ranges with assets of roughly £4 billion...