All latest asset servicing news

Apex Fund Services acquires Lazorne Fund Administration

09 May 2011 Sydney
Reporter: Justin Lawson

Apex Fund Services, has opened its first office in Australia. The Apex Sydney office has been launched following the acquisition of Lazorne Fund Administration Service from Lazorne Group Pty Ltd.

Omgeo launches hedge fund operations forum

09 May 2011 New York
Reporter: Ben Wilkie

Omgeo has launched the Hedge Fund Operations Forum (HOF), an industry peer group for UK-based hedge fund operations professionals...

James Slater to become global head of securities lending

09 May 2011 New York
Reporter: Steven Lafferty

BNY Mellon Asset Servicing, has announced that James Slater will become global head of securities lending following the retirement of Kathy Rulong on July 1, 2011.

Bravura to tackle RDR re-registration requirements

09 May 2011 London
Reporter: Justin Lawson

Bravura Solutions Limited has plans to enhance its Babel fund messaging solution to incorporate re-registration capabilities....

Mak joins BNP Paribas in Asia

06 May 2011 Hong Kong
Reporter: Ben Wilkie

BNP Paribas Securities Services has appointed Connie Mak as head of relationship management, North Asia for asset owners, asset managers & alternatives...

Artemis picks RBC Dexia

06 May 2011 Toronto
Reporter: Ben Wilkie

RBC Dexia Investor Services has been appointed by Artemis Investment Management to provide custody, fund accounting and unit holder recordkeeping for its hedge funds and custody for its family office relationships...

Northern Trust wins £25 billion L&G mandate

06 May 2011 London
Reporter: Ben Wilkie

Northern Trust has been appointed to provide fund accounting and additional custody services to the Legal & General Investments Unit Trust range, to the value of approximately £25 billion...

Calypso releases V12 of platform

05 May 2011 San Francisco
Reporter: Ben Wilkie

Calypso Technology has released Calypso Version 12 of its cross-asset front-to-back office platform...

Nagia joins CLS as chief risk officer

05 May 2011 London
Reporter: Justin Lawson

CLS Group have appointed Naresh Nagia as executive vice president and chief risk officer. Naresh will be a member of the senior management team and report to CEO Alan Bozian. The appointment is effective immediately...

Standard Chartered launches Middle East custody

05 May 2011 Dubai
Reporter: Ben Wilkie

Standard Chartered Bank has launched regional custody services for investors and intermediaries in the Middle East...

J.P. Morgan breaks $500 billion barrier in assets under custody

04 May 2011 Luxembourg
Reporter: Justin Lawson

J.P. Morgan Bank Luxembourg S.A. has been named largest custodian and fund administrator, according to Lipper’s 17th Annual Luxembourg Fund Encyclopaedia.

Technology upgrade enhances NorthPoint offering

04 May 2011 New York
Reporter: Justin Lawson

NorthPoint prime services and technologies business has enhanced its offering for traditional mutual funds that are looking to employ alternative investments, including trading in shorts, options and futures as part of their overall strategy......

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