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SEI wins ETC bid
14 March 2012 Pennsylvania
Reporter: Ben Wilkie

SEI has been selected by Exchange Traded Concepts (ETC) to provide a comprehensive suite of back-office services for the firm's recently launched turnkey ETF platform...

Citi appoints new head of fund services in Asia
01 March 2012 Hong Kong
Reporter: Anna Reitman

Citi has appointed Cheeping Yap as head of fund services for Asia, excluding Australia, for its Securities and Fund Services business...

BNP first to support FI's in Mongolia
23 February 2012 London
Reporter: Anna Reitman

BNP Paribas Securities Services has announced the implementation of a mandate from Harvest Global Investments to launch an emerging market fund investing in Mongolia...

Citi to provide hedge fund admin for Credit Suisse
16 February 2012 New York
Reporter: Anna Reitman

Citi is set to provide Credit Suisse's asset management arm with middle office, custody and hedge fund administration services...

Citi to provide FA services for MENA fund
15 February 2012 London
Reporter: Anna Reitman

Citi has been appointed by Abraaj Capital group to provide fund administration services for its SME private enterprise fund...

ProShares adds ETFs to Citi mandate
09 February 2012 New York
Reporter: Anna Reitman

Citi has announced it has been appointed by ProShares Trust to provide regulatory administration services for its ETFs...

Citi gets Irish biotech ADR mandate
07 February 2012 London
Reporter: Anna Reitman

Citi Global Transaction Services (GTS) has announced its appointment by Elan Corporation as successor depositary bank for its American Depositary Receipt (ADR) programme...

Stenham hires new risk head
03 February 2012 London
Reporter: Anna Reitman

Stenham Asset Management has announced that Pablo Balan has been hired as the head of risk management and quantitative research...

Citi Awarded Mandate from Veritable
01 February 2012 New York
Reporter: Ben Wilkie

Veritable, L.P. has awarded Citi a mandate to provide a suite of hedge fund services including middle office, fund accounting, and investor services...

BNY Mellon taps Anderson for VP sales at AIS
25 January 2012 London
Reporter: Anna Reitman

BNY Mellon has announced that Valeria Anderson will be taking a new role as senior salesperson, vice president in the London Alternative Investment Services business development team...

FIA committee to look at MF Global failures
25 January 2012 Washington
Reporter: Anna Reitman

The Futures Industry Association (FIA) has announced the establishment of a special committee to address issues related to the MF Global collapse...

Citi GTS net income down 11% in Q4 2011
17 January 2012 New York
Reporter: Anna Reitman

Citigroup's transaction services net income fell 11 per cent, to $776 million, in the fourth quarter of 2011 versus the same quarter last year on the back of narrow spreads and widening expenses...