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Centro Fund Services launched in South Africa
06 July 2012 London
Reporter: Georgina Lavers

A triparty made up of Point Nine Financial Technologies, Prime Administration and the IDS Group, has joined together to form Centro Fund Services, an independent middle office service provider to the South African investment manager market...

NYSE Euronext chooses Patrick Birley for new clearing house
06 July 2012 New York
Reporter: Georgina Lavers

Patrick Birley will be chief commercial officer of NYSE Euronext’s (NYX) new full-service clearing house in London, which is due to commence operations from June 2013.

Hirtenstein is new head of portfolio solutions for RBC Dexia
06 July 2012 London
Reporter: Georgina Lavers

RBC Dexia Investor Services has appointed Simon Hirtenstein as head of portfolio solutions within its market products & services (MPS) team...

KB associates appoints senior to Luxembourg
05 July 2012 Luxembourg
Reporter: Georgina Lavers

KB Associates has chosen Bjørn Barbesgaard as a senior consultant in Luxembourg. Barbesgaard will be responsible for advising asset managers on the establishment of funds in Luxembourg...

DST’s HiPortfolio chosen by China Life Pension
05 July 2012 Shanghai
Reporter: Georgina Lavers

HiPortfolio, the asset servicing solution from DST Global Solutions, has been implemented by China Life Pension Co., an affiliate of China Life Insurance (Group) Company...

Dutch Orangefield Group acquires London’s Waterlow Legal
04 July 2012 Amsterdam
Reporter: Georgina Lavers

Amsterdam-based Orangefield Group, a service provider and fund administrator, has taken over Waterlow Legal and Company Services, part of Wilmington Group PLC...

Daiwa sells global asset services arm to Sumitomo
03 July 2012 Dublin and London
Reporter: Georgina Lavers

Daiwa Securities Group has sold its global asset services division to Sumitomo Mitsui Trust Bank (SMTB), after letting go of its synthetic prime brokerage arm in December...

DST and XSP in alliance
02 July 2012 Australia and New Zealand
Reporter: Georgina Lavers

DST Global Solutions has teamed up with XSP to develop a corporate actions solution for investment accounting platform, HiPortfolio. HiPortfolio’s solution will be offered as a module...

KLP Asset Management chooses Algorithmics
02 July 2012 London, Oslo and Toronto
Reporter: Georgina Lavers

Algorithmics, an IBM Company, announced today that KLP Kapitalforvaltning (KLP Asset Management), the asset management subsidiary of Norwegian-based KLP Group...

NAB has custody of Suncorp
02 July 2012 New Zealand
Reporter: Georgina Lavers

National Australia Bank (NAB) Asset Servicing has been mandated to provide custody for Suncorp Group New Zealand.?? The mandate was awarded to NAB Asset Servicing...

ALPS advisors rolls out new ETF
02 July 2012 Colorado
Reporter: Georgina Lavers

ALPS advisors, a subsidiary of DST systems, has launched an ALPS Sector Dividend Dogs ETF. The ETF applies the 'Dogs of the Dow Theory...

Cencosud selects BNY Mellon as its ADR depository bank
02 July 2012 New York
Reporter: Mark Dugdale

Latin American retail conglomerate Cencosud has named BNY Mellon as the depository bank for its American depository receipt programme...