News search | Securities Finance Times

Generic business image for news articles

RBC bags global custodian and fund administrator role
17 January 2013 London
Reporter: Mark Dugdale

The investor services business of RBC Investor & Treasury Services will be global custodian and fund administrator to Gemini Investment Management...

BNY Mellon reports strong end for asset servicing in 2012
17 January 2013 New York
Reporter: Georgina Lavers

BNY Mellon’s asset servicing division experienced a good Christmas, with 4Q 2012 results for the bank reporting that assets under custody were up 9 percent year-on-year...

Standard Chartered and Shell China look to free up cash
17 January 2013 Beijing
Reporter: Georgina Lavers

Standard Chartered China and Shell China have been granted approval to set up a Foreign Currency Cross-border Sweeping structure...

UK funds business rises from the ashes
16 January 2013 London
Reporter: Georgina Lavers

The UK funds business of Phoenix Fund Services has grown more than 60 percent in 2012 and now administers total funds under management of £850 million...

Conifer Group creates Form PF solution
16 January 2013 San Francisco
Reporter: Georgina Lavers

The Conifer Group, a provider of fund administration and prime brokerage services, has launched a cloud-based Form PF solution...

Milestone and Maitland make strides in South Africa
16 January 2013 London
Reporter: Georgina Lavers

Fund administrator Maitland has selected Milestone Group’s pControl platform to enable it to provide an enhanced administration service to multi-manager clients in South Africa...

CalPERS re-elects Feckner and Diehr for board
15 January 2013 Monterey
Reporter: Mark Dugdale

Rob Feckner and George Diehr will remain on the California Public Employees’ Retirement System (CalPERS) board of administration after it unanimously re-elected them as president and vice president respectively...

Citi wins mandate for Portland Investment Counsel funds
15 January 2013 Toronto
Reporter: Georgina Lavers

Citi has been mandated to provide fund accounting, global custody, transfer agency and trustee services for Portland Investment Counsel's investment funds...

A $1 billion present for Apex Fund Services
15 January 2013 London
Reporter: Georgina Lavers

WAY Fund Managers, the UK provider of fund hosting services to the wealth management sector, has selected Apex Fund Services to service all of its 47 funds...

Mexican airport operator chooses J.P. Morgan as depository
14 January 2013 Mexico City
Reporter: Georgina Lavers

J.P. Morgan recently secured another Mexican client with Grupo Aeroportuario del Centro Norte selecting it as depository...

Confluence predicts ‘coming of age’ for fund administrators
14 January 2013 New York
Reporter: Georgina Lavers

A rise in cloud computing and financial services technology has led to greater customisation and delivery speed, says Confluence....

Clearstream’s Christmas figures see rise in assets under custody
14 January 2013 Frankfurt
Reporter: Georgina Lavers

In December 2012, the value of assets under custody held on behalf of customers by Clearstream increased by 3 percent to €11.2 trillion...