All latest asset servicing news

Daiwa sells global asset services arm to Sumitomo

03 July 2012 Dublin and London
Reporter: Georgina Lavers

Daiwa Securities Group has sold its global asset services division to Sumitomo Mitsui Trust Bank (SMTB), after letting go of its synthetic prime brokerage arm in December...

DST and XSP in alliance

02 July 2012 Australia and New Zealand
Reporter: Georgina Lavers

DST Global Solutions has teamed up with XSP to develop a corporate actions solution for investment accounting platform, HiPortfolio. HiPortfolio’s solution will be offered as a module...

KLP Asset Management chooses Algorithmics

02 July 2012 London, Oslo and Toronto
Reporter: Georgina Lavers

Algorithmics, an IBM Company, announced today that KLP Kapitalforvaltning (KLP Asset Management), the asset management subsidiary of Norwegian-based KLP Group...

NAB has custody of Suncorp

02 July 2012 New Zealand
Reporter: Georgina Lavers

National Australia Bank (NAB) Asset Servicing has been mandated to provide custody for Suncorp Group New Zealand.?? The mandate was awarded to NAB Asset Servicing...

ALPS advisors rolls out new ETF

02 July 2012 Colorado
Reporter: Georgina Lavers

ALPS advisors, a subsidiary of DST systems, has launched an ALPS Sector Dividend Dogs ETF. The ETF applies the 'Dogs of the Dow Theory...

Cencosud selects BNY Mellon as its ADR depository bank

02 July 2012 New York
Reporter: Mark Dugdale

Latin American retail conglomerate Cencosud has named BNY Mellon as the depository bank for its American depository receipt programme...

Milestone Group automates at BNP Paribas Securities Services

29 June 2012 London
Reporter: Georgina Lavers

Milestone Group has completed the first phase of a programme to automate two processes at BNP Paribas Securities Services. Milestone Group’s fund processing solution, pControl...

Milestone releases new white paper

29 June 2012 Sydney, London and Boston
Reporter: Mark Dugdale

A radical rethink of investment decisions in fund administration technology is needed, according to optimised fund processing solutions provider Milestone Group...

Northern Trust nabs the next Generation

29 June 2012 London
Reporter: Mark Dugdale

Generation Investment Management has reappointed Northern Trust as the outsourcing provider of full investment operations for its asset management business...

Convictions shows courage in BNP Paribas

28 June 2012 London
Reporter: Mark Dugdale

BNP Paribas Securities Services has implemented a mandate to in-source the fixed income dealing activities of Convictions Asset Management...

Street gets new role at Citi

28 June 2012 London
Reporter: Mark Dugdale

Citi has made Richard Street the EMEA head of client sales management for investors...

Citi secures Victory

27 June 2012 New York
Reporter: Mark Dugdale

Citi Transaction Services will continue to provide fund services to Victory Capital Management and its Victory funds after its contract was renewed...

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