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Hedge fund flows decline 1.22 percent


12 April 2013 London and New York
Reporter: Georgina Lavers

April will bring higher capital activity volume for hedge funds, with redemptions outpacing subscriptions, said SS&C GlobeOp....
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REGIS-TR is on the road to ESMA acceptance


11 April 2013 Luxembourg
Reporter: Georgina Lavers

REGIS-TR, the European Trade Repository owned by Clearstream and Iberclear, is confident that its application to act as a trade repository across all asset classes will be accepted by ESMA...
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Citi hires Jervis Smith


10 April 2013 Hong Kong
Reporter: Georgina Lavers

Jervis Smith is Citi's new regional head of client sales management for the financial institutions (FI) segment in Asia Pacific for securities and fund services...
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Citi revamps collateral custody accounts


09 April 2013 New York
Reporter: Georgina Lavers

Citi has expanded its Citi OpenInvestor suite of investment services to include segregated collateral custody accounts. The new accounts are hoped to help clients better mitigate counterparty risk...
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Clearstream sees €11.5 trillion assets under custody


08 April 2013 Frankfurt
Reporter: Georgina Lavers

In March 2013, the value of assets under custody held on behalf of customers registered an increase of four percent to €11.5 trillion (compared to €11.1 trillion in March 2012)...
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Markit nabs DTCC’s MaritSERV stake


08 April 2013 New York
Reporter: Georgina Lavers

Financial information services firm Markit has acquired the ownership stake in MarkitSERV held by the Depository Trust and Clearing Corporation (DTCC)...
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BNP Paribas secures Knight Capital mandate


08 April 2013 London
Reporter: Georgina Lavers

Knight Capital Europe has selected BNP Paribas Securities Services to provide it with clearing and custody services on a pan-European scale...