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Alfi reveals how to service Islamic funds in Luxembourg
11 December 2012 Luxembourg
Reporter: Georgina Lavers

The Association of the Luxembourg Fund Industry (ALFI) published a collection of best practices for setting-up and servicing Islamic funds...

Derek Perry joins Rule Financial team
11 December 2012 London
Reporter: Tunde Nagy

Rule Financial has appointed Derek Perry as a management consultant and specialist in OTC clearing...

Assets under custody increase for Clearstream
10 December 2012 Frankfurt
Reporter: Jenna Jones

Clearstream has released its November 2012 figures, which show an increase in assets under custody, but a decrease in global securities financing services (GSF)...

Gregory Forbes joins Huntington Asset Services
10 December 2012 Indianapolis
Reporter: Georgina Lavers

Gregory Forbes has joined Huntington Asset Services as senior vice president for business development. Forbes will focus on expanding market share in servicing larger fund companies and institutional clients...

Drug company Morria to deposit with Deutsche
10 December 2012 New York and London
Reporter: Georgina Lavers

Deutsche Bank will act as depositary bank for the Level II American Depositary Receipt (ADR) programme of Morria Biopharmaceuticals...

BNP Paribas provides post-trade service
07 December 2012 Singapore and London
Reporter: Jenna Jones

BNP Paribas Securities Services has launched an integrated post-trade service for banks and brokers who wish to trade stocks under the proposed cross-trade agreement between the London Stock Exchange (LSE) and the Singapore Stock Exchange (SGX)...

Montpelier launch asset management platform
07 December 2012 Bermuda
Reporter: Jenna Jones

Montpelier Re Holdings has launched Blue Capital, an asset management platform offering a range of catastrophe reinsurance-linked investment products to institutional and retail investors...

Orangefield Group acquires Columbus Avenue
06 December 2012 Amsterdam
Reporter: Georgina Lavers

Orangefield Group, a global service provider of administration, management and trust services has acquired New York-based hedge fund administrator Columbus Avenue Consulting for an undisclosed amount...

SGSS strengthen Southern European commercial team
06 December 2012 Milan
Reporter: Jenna Jones

Societe Generale Securities Services (SGSS) has appointed Gabriele Pollastri to the newly created position of head of sales and relationship management for Italy and Spain...

SunGard improves Protegent for Dodd-Frank compliance
05 December 2012 New York
Reporter: Tunde Nagy

SunGard has improved its Protegent market abuse solution to help firms comply with new US rules...

Citi wins five more of Kayne Anderson’s hedge funds
05 December 2012 New York
Reporter: Tunde Nagy

Kayne Anderson Capital Advisors has added five more hedge funds to Citi’s administration mandate...

ABN AMRO Clearing names new UK MD
05 December 2012 London
Reporter: Jenna Jones

ABN AMRO Clearing has appointed Robbert Booij as managing director of the firms UK office...