All latest asset servicing news

Citi grabs Saxo mandate

08 February 2011 Copenhagen
Reporter: Ben Wilkie

Citi Global Transaction Services has been awarded a new mandate by the online trading and investment specialist Saxo Bank Group to provide global custody services for cash equities and fixed income instruments...

SEI picked by 36 South

08 February 2011 Oaks
Reporter: Ben Wilkie

SEI has been selected by absolute return manager 36 South Capital Advisors LLP to provide full-service operational outsourcing for the firm’s recently re-domiciled volatility funds...

Butterfield denies sale reports

08 February 2011 Bermuda
Reporter: Ben Wilkie

The CEO of fund administrator Butterfield Fulcrum has denied reports the firm is about to be sold to the Carlyle Group...

Confluence shuffles at the top

08 February 2011 Pittsburgh
Reporter: Steven Lafferty

Confluence, has announced two strategic leadership promotions effective immediately. Kirk Botula has been promoted to President and COO, and Confluence Founder Mark Evans is assuming the role of Chairman and CEO.

VITEOS announces significant growth

08 February 2011 New York
Reporter: Steven Lafferty

VITEOS, has announced significant growth in assets under administration for the year ended Dec 31, 2010. VITEOS’ assets under administration have increased by $4.8 billion for the year ending Dec 31, 2010, representing a 117% increase over 2009

Northern Trust enhance Nordic offering

07 February 2011 Stockholm
Reporter: Justin Lawson

Northern Trust (Nasdaq: NTRS), has received approval from the Finansinspektionen (the Swedish Financial Supervisory Authority) and the UK Financial Services Authority to offer asset management products and services to investors across the Nordic regi

Northern Trust expands in The Netherlands

04 February 2011 Amsterdam
Reporter: Justin Lawson

Northern Trust will offer asset management solutions to institutional clients across Benelux (Belgium, The Netherlands and Luxembourg) from its Amsterdam office, following regulatory approval from the Dutch Autoriteit Financiële Markten and the FSA

J.P. Morgan to service new Africa fund

03 February 2011 London
Reporter: Ben Wilkie

J.P. Morgan will provide fund administration and custody services to a new closed-ended fund launched by the Duet Group and Standard Bank...

Deutsche Bank and Traxis launch UCITS fund

03 February 2011 London
Reporter: Justin Lawson

Deutsche Bank and Traxis Partners ("Traxis") have announced the launch of a UCITS compliant version of the Traxis Global Equity Macro fund.

State Street announces appointments

03 February 2011 Boston
Reporter: Justin Lawson

State Street Global Markets, the investment research, trading and securities lending arm of State Street Corporation, has announced several transition management appointments to its global Portfolio Solutions Group.

ConvergEx launches new full-service office

02 February 2011 Chicago
Reporter: Steven Lafferty

ConvergEx Group, has announced that Eze Castle Software has launched a new full-service office in Chicago, Illinois for its order management system, the Eze OMS™. The new office will provide full support for Eze OMS clients in the greater Midwest r

Behan Deutsche bound

02 February 2011 London
Reporter: Justin Lawson

Deutsche Bank have appointment Simon Behan as head of sales for Europe, Middle East and Africa (EMEA) in its Alternative Fund Services business (AFS), part of the Bank’s Global Transaction Banking division. Based in Dublin he will report to Stuart

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