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CopperTree Capital selects Phoenix
25 October 2011 London
Reporter: Justin Lawson

Phoenix Fund Services has won the contract to provide the middle office, fund accounting and transfer agency services for the Coppertree Dynamic Fund.....

Butterfield Fulcrum goes live with Paladyne ClientLink
25 October 2011 New York
Reporter: Ben Wilkie

Butterfield Fulcrum has extended its technology platform by implementing Paladyne ClientLink, a client-facing front-and middle-office solution for fund administrators...

Empaxis launches quality control overlay for Advent users
25 October 2011 Los Angeles
Reporter: Anna Reitman

Empaxis has announced it has launched a new quality assurance overlay system designed for Advent's Axys and APX portfolio management applications...

Norway's CSD should wait on T2S - SEB Bank
24 October 2011 Oslo
Reporter: Anna Reitman

SEB Bank has recommended that Norway does not commit to joining the TARGET2-Securities framework within the deadline period, anticipated in the second quarter next year.

CACEIS extends Fonds de Garantie services
24 October 2011 Paris
Reporter: Ben Wilkie

The Fonds de Garantie, the French solidarity compensation fund set up in the general interest, has entrusted CACEIS with the valuation and institutional accounting of its two funds, the FGAO and the FGTI...

BNY Mellon gets Global Custody mandate for QDII Fund
22 October 2011 Beijing
Reporter: Justin Lawson

BNY Mellon has been selected by Industrial and Commercial Bank of China ("ICBC") as the global custodian for a new qualified domestic institutional investors ("QDII") fund in China launched by......

Northern Trust sees 30% jump in AuA from UK CIF clients
21 October 2011 London
Reporter: Anna Reitman

Northern Trust has announced an almost 30 percent increase in assets under administration (AuA) for Common Investment Fund (CIF) clients in the UK over the past year...

Eurex Repo signs on Maltese bank
21 October 2011 Eschborn
Reporter: Anna Reitman

Eurex Repo has signed its first Maltese bank, Mediterranean Bank, as a trading participant in its Euro Repo and GC Pooling markets...

Hedge fund redemptions historically low - GlobeOp
21 October 2011 New York
Reporter: Anna Reitman

GlobeOp has announced a drop in redemptions which the fund administrator says reflects industry desire to continue investing in hedge funds...

State Street bags Dutch pension fund mandate
21 October 2011 Boston
Reporter: Anna Reitman

State Street has announced its appointment by Stichting Pensioenfonds SABIC Innovative Plastics to service €700 million in pension fund assets....

BNY Mellon Q3 earnings up 4.6% yoy
20 October 2011 New York
Reporter: Anna Reitman

Bank of New York Mellon reported third quarter net income of $651 million, a lift of 4.6 per cent from $622 million versus the same period in 2010, on the back of new business wins, net long-term asset flows and increased deposits.

Northern Trust Q3 profits up 9.5% yoy
19 October 2011 Chicago
Reporter: Anna Reitman

Northern Trust has announced third quarter profits of $170.4 million compared with $155.6 million the year previous, posting rises of 9.5 per cent and 12 per cent quarter on quarter...