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Citi extend fund services support to Mirae Asset Global Investments
03 June 2011 New York
Reporter: Steven Lafferty

Citi has extended its partnership with Mirae Asset Global Investments to provide securities and fund services in support of the launch of the Mirae Asset Discovery Funds.

Fund administrator Phoenix chooses Revolution
03 June 2011 London
Reporter: Steven Lafferty

Phoenix Fund Services has successfully completed the implementation of Revolution, StatPro's new cloud-based analytics suite, for Unicorn Asset Management........

Sanchez named as CEO of Northern Trust Hedge Fund Services
03 June 2011 Chicago
Reporter: Justin Lawson

Northern Trust has named R. Peter Sanchez as chief executive officer of Northern Trust Hedge Fund Services LLC upon the closing of their acquisition of Omnium LLC. Sanchez currently is global head of business development and client service for Omnium

Claymore selects CIBC Mellon for custody mandate
01 June 2011 Toronto
Reporter: Justin Lawson

CIBC Mellon Global Securities Services have been selected by Claymore Investments to deliver global custody, fund valuation and a suite of recently-expanded exchange traded fund (ETF) servicing capabilities.

Nason joins Butterfield Fulcrum
01 June 2011 New York
Reporter: Ben Wilkie

Jeff Nason has joined Butterfield Fulcrum as managing director, global and strategic relationships. In this newly created position, he will be responsible for further developing Butterfield Fulcrum’s relationships with large, complex alternative as

BNY Mellon extends subaccounting service to 529 plans
01 June 2011 New York
Reporter: Ben Wilkie

BNY Mellon Asset Servicing has expanded its subaccounting services beyond mutual funds to include 529 plans, a type of tax-advantaged college savings plan...

Jetley appointed CEO of J.P. Morgan WSS
01 June 2011 New York
Reporter: Ben Wilkie

J.P. Morgan has appointed Dinkar Jetley to the position of CEO of its Worldwide Securities Services (WSS) business...

Sentinel selected by?Nomura
01 June 2011 Tokyo
Reporter: Ben Wilkie

Nomura Asset Management has gone live with Sentinel, Fidessa’s investment compliance solution for the buy-side...

Northern Trust appoints Bellows as country head in Ireland
31 May 2011 London
Reporter: Steven Lafferty

Northern Trust has hired Clive Bellows as Country Head, Ireland. Based in Dublin Bellows will have responsibility for leading the company’s Irish operations. He will also play a key role in ensuring the integration of Bank of Ireland Securities Ser

Fraser joins Omgeo
31 May 2011 London
Reporter: Ben Wilkie

Omgeo has appointed Clare Fraser as managing director of Strategy. In this role, Fraser will be responsible for identifying new market opportunities and overseeing the global marketing function, while providing strategic guidance on the firm’s busi

Hedge fund association publishes guide on institutional investment
31 May 2011 London
Reporter: Justin Lawson

AIMA has published a guide for investors and managers, written by members of AIMA’s Investor Steering Committee (ISC), that reflects preferences and priorities for institutional investors and investment allocations.

RBC Dexia implements AAM's pan-Asian transfer agent
31 May 2011 Bangkok
Reporter: Ben Wilkie

RBC Dexia Investor Services has developed and implemented a pan-Asian automated transfer agency platform specific for Aberdeen Asset Management's Thailand fund operations...