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Clearstream's June 2012 figures show 2 percent decrease


10 July 2012 Frankfurt
Reporter: Mark Dugdale

The value of Clearstream's customers’ assets, which it holds under custody on their behalf, was €11.1 trillion—a 2 percent decrease from June 2011’s figure of €11.3 trillion...
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Bill Kelly joins HedgeServ


10 July 2012 New York
Reporter: Georgina Lavers

Bill Kelly has joined HedgeServ as global head of sales and will be responsible for building relationships with hedge fund managers, funds of hedge funds, private equity funds, and institutional investment managers...
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Chinese bank licenses XSP product


10 July 2012 New York
Reporter: Georgina Lavers

Industrial and Commercial Bank of China Financial Services (ICBCFS), a wholly owned subsidiary of ICBC Limited has licensed XSP’s newest product, XSPrisa...
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Euroclear UK & Ireland reduces fund fees


09 July 2012 London
Reporter: Georgina Lavers

Euroclear UK & Ireland (EUI) has cut its investment fund order-routing fees for both high- and low-volume clients with immediate effect...
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SocGen SS mandated by Titanium Finance


09 July 2012 Luxembourg
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) in Luxembourg has been mandated by Titanium Finance to provide trustee, pricing, transfer agent and registrar services for its first asset management structure launched in Luxembourg...
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Centro Fund Services launched in South Africa


06 July 2012 London
Reporter: Georgina Lavers

A triparty made up of Point Nine Financial Technologies, Prime Administration and the IDS Group, has joined together to form Centro Fund Services, an independent middle office service provider to the South African investment manager market...
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KB associates appoints senior to Luxembourg


05 July 2012 Luxembourg
Reporter: Georgina Lavers

KB Associates has chosen Bjørn Barbesgaard as a senior consultant in Luxembourg. Barbesgaard will be responsible for advising asset managers on the establishment of funds in Luxembourg...
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DST’s HiPortfolio chosen by China Life Pension


05 July 2012 Shanghai
Reporter: Georgina Lavers

HiPortfolio, the asset servicing solution from DST Global Solutions, has been implemented by China Life Pension Co., an affiliate of China Life Insurance (Group) Company...