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Assets under custody surge to new record, ACSA reveals
06 August 2021 Australia
Reporter: Maddie Saghir

ACSA reveals assets under custody surged by 10.9 per cent to a new record of $4.4 trillion in the six months to 30 June 2021, according to the Australian Custodial Services Association

Alternative fund managers predict increased popularity of IFCs
05 August 2021 US
Reporter: Maddie Saghir

Research from Ocorian has revealed that 85 per cent of alternative fund managers expect to see increased demand for investment vehicles to be based in IFCs over the next three to five years

Apex bolsters APAC team
05 August 2021 Australia
Reporter: Jenna Lomax

Based in Sydney, Gallenca will oversee the group’s private markets sales operations in Australia

Volante launches new PaaS programme
04 August 2021 US
Reporter: Jenna Lomax

Volante Technologies has launched its latest payments as a service programme, the Volante Experience

BNP Paribas to provide custody services for China’s QFI scheme
04 August 2021 China
Reporter: Jenna Lomax

BNP Paribas is to provide custody services for China’s Qualified Foreign Investor scheme

ITRS Group acquires Opsview
02 August 2021 UK
Reporter: Carmella Haswell

ITRS Group, a provider of real-time monitoring and analytics software, has acquired monitoring platform Opsview, which will continue to operate as a separate brand and entity

Citi becomes first custodian to operate domestic custody services in China
30 July 2021 China
Reporter: Jenna Lomax

Citi has launched domestic securities investment fund custody services in China after receiving final approval from the China Securities Regulatory Commission to operate fund custody services in the country

Ocorian hires US business development head
23 July 2021 US
Reporter: Rebecca Delaney

Ocorian has appointed Marc van Rijckevorsel as head of business development for US corporate and fund services, based in New York

Citi appoints Rahul Saraf as head of its investment bank in India
23 July 2021 India
Reporter: Carmella Haswell

Rahul Saraf has been appointed head of investment banking for Citi’s India office after 16 years at the company

Citi launches real-time liquidity sharing in Asian markets
22 July 2021 Asia Pacific
Reporter: Bob Currie

The latest addition to Citi’s Liquidity Optimisation product, the service goes live initially in six Asian markets

J.P. Morgan appoints Gerard Francis to take on new Data Solutions business
14 July 2021 US
Reporter: Maddie Saghir

“As the needs of asset managers and asset owners continue to evolve, J.P. Morgan is investing in the people, technology and capabilities to help its clients achieve their strategic growth objectives," says Teresa Heitsenrether

BNY Mellon enhances digital solutions with new acquisition
08 July 2021 US
Reporter: Maddie Saghir

BNY Mellon is set to enhance its digital solutions capabilities with the planned acquisition of Milestone Group