News search | Securities Finance Times

Generic business image for news articles

Citi secures Victory
27 June 2012 New York
Reporter: Mark Dugdale

Citi Transaction Services will continue to provide fund services to Victory Capital Management and its Victory funds after its contract was renewed...

Mutual fund assets in China to surpass $1 trillion by 2015
22 June 2012 China
Reporter: Georgina Lavers

A report has predicted Chinese mutual fund assets will triple by 2015 to reach over $1 trillion, and possibly doubling again by 2020, as policy changes are instituted to encourage the development of investment markets and internalization of the curre

Confluence creates new leadership roles
18 June 2012 Pennsylvania
Reporter: Mark Dugdale

Automated data management solutions provider Confluence has created three senior vice president positions, as well as a HR leadership role...

Alliance Bernstein begins clearing OTC IRS
14 June 2012 New York
Reporter: Mark Dugdale

The asset management firm is using LCH.Clearnet’s SwapClear service to clear its OTC IRS...

Canadian mutual fund manager re-signs with Citi
14 June 2012 Toronto
Reporter: Mark Dugdale

Citi has renewed its agreement with Chou Associates Management and will continue to provide fund accounting, transfer agency, custody, and trust and securities lending services for the $600 million that it oversees in mutual fund assets...

Eurex Clearing partners with seven for new clearing service
31 May 2012 Frankfurt
Reporter: Mark Dugdale

Barclays, BNP Paribas, Citibank, Credit Suisse, Deutsche Bank, J.P. Morgan and Morgan Stanley will all support the launch of EurexOTC Clear for IRS...

Citi mandated for Israel pension fund
29 May 2012 Tel Aviv
Reporter: Georgina Lavers

Citi will provide fund administration services for Phoenix Pension & Provident Funds to support its new personal provident fund offering, a form of retirement savings through defined contribution schemes...

ICAP appoints new CEO to technology arm
21 May 2012 London
Reporter: Georgina Lavers

Interdealer broker ICAP has announced the appointment of Andy Coyne as the new CEO of Traiana, its post-trade technology division...

Augentius fund administration establishes in Belfast
18 May 2012 Belfast
Reporter: Georgina Lavers

Augentius Fund Administration is to establish a centre in Belfast, which will employ up to 164 professional staff. Augentius provides outsourced fund administration services to the private equity and real estate sectors...

Chinese CITC Securities chooses SunGard
18 May 2012 Bejing
Reporter: Georgina Lavers

CITIC Securities has chosen SunGard’s Asset Arena Investment Accounting solution as the accounting solution for its asset management business...

BNP Paribas gets new securities services head in India
15 May 2012 London
Reporter: Mark Dugdale

BNP Paribas Securities Services has appointed Viraj Kulkarni as head of securities services in India. The firm hopes that Kulkarni will drive its custody business in a developing Indian market...

Fund admin and custody mandate for Irish Citibank
14 May 2012 Ireland
Reporter: Georgina Lavers

Citibank Ireland will provide administrative and custodial services to two UCITS IV funds launched by Cheyne Capital Management. The Cheyne Global Credit Fund is a UCITS IV compliant fund offering weekly liquidity...