All latest asset servicing news

FUG Pensions mandated by Nigerian UnityKapital

16 April 2012 Nigeria
Reporter: Georgina Lavers

Nigerian insurance company UnityKapital has mandated FUG Pensions to act as its pension fund administrator...

Invesco Perpetual to outsource fund administration

16 April 2012 Henley-on-Thames
Reporter: Georgina Lavers

IFDS will provide fund administration to Invesco Perpetual’s fund clients from 6 June 2012...

Kathleen Webb new chief of risk at CalPERS

16 April 2012 Sacramento
Reporter: Georgina Lavers

The California Public Employees’ Retirement System (CalPERS) appointed Kathleen Webb as the pension fund’s chief officer for risk, compliance and ethics...

CIMB and RBS sign and seal cooperation agreement

13 April 2012 Petaling Jaya
Reporter: Georgina Lavers

The ink has dried on an agreement between CIMB Bank of Malaysia and Royal Bank of Scotland...

Northern Trust fund administration secures 22 clients

13 April 2012 Hong Kong
Reporter: Georgina Lavers

Northern Trust’s hedge fund administration division has secured 22 client wins in the last seven months...

Good fortune for Halo Companies

13 April 2012 Texas
Reporter: Georgina Lavers

Halo Companies, which provides services for distressed assets, announced profitable fourth quarter results...

CIBC Mellon wins Bloom Funds Asset Servicing mandate

13 April 2012 Toronto
Reporter: Georgina Lavers

CIBC Mellon will provide asset servicing solutions for the Bloom Income & Growth Canadian Fund...

Andrew Ritchie new executive director of KB Associates

12 April 2012 London
Reporter: Georgina Lavers

Consulting firm to the asset management community KB Associates has appointed Andrew Ritchie as its executive director...

NYSE Liffe US to launch new repo futures

12 April 2012 New York
Reporter: Georgina Lavers

NYSE Euronext will launch repo futures market trading on 16 July, if it passes regulatory approval...

German institutional investors will pay more for extra custodial services

12 April 2012 Frankfurt
Reporter: Georgina Lavers

German institutional investors are willing to pay more for services above and beyond that of a standard custodian...

Para Advisors expands onshore relationship with Maples Fund Services

11 April 2012 New York
Reporter: Georgina Lavers

Para Advisors, a hedge fund manager with approximately US$200 million of assets under management, has expanded its relationship with Maples Fund Services...

CACEIS new custodian for Luxembourg SICAV Esperides

11 April 2012 Luxembourg
Reporter: Georgina Lavers

Luxembourg SICAV Esperides has selected CACEIS as the fund’s custodian, depositary bank and its administrative agent...

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