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Single-managers up but APAC drops
26 October 2016 New York
Reporter: Mark Dugdale

Almost 120 hedge funds were launched in Q3 2016, with single-managers dominating new entrants to the market, according to data and intelligence provider Preqin...

BNP Paribas plans repo clearing expansion
25 October 2016 Paris
Reporter: Drew Nicol

BNP Paribas Securities Services is working with central counterparties to extend its European third-party clearing services for the repo clearing of bonds to more countries...

Wenzel moves up the ranks at AXA IM
25 October 2016 Frankfurt
Reporter: Stephanie Palmer

AXA Investment Managers has promoted Franz Wenzel to the position of institutional solutions strategist within its multi-asset client solutions investment platform...

State Street and PIMCO renew back-office deal
25 October 2016 Boston
Reporter: Drew Nicol

State Street has renewed its 16-year partnership with PIMCO to provide outsourced investment management services including collateral management and derivatives processing...

DTCC launches LCR data solution
24 October 2016 London
Reporter: Stephanie Palmer

The Depository Trust & Clearing Corporation has added a Liquidity Coverage Ratio (LCR) capability to its DTCC Data Products service...

Trade Informatics launches MiFID II tool
24 October 2016 London
Reporter: Stephanie Palmer

US financial technology provider Trade Informatics is tackling the best-execution requirements of MiFID II with the European launch of its PLIA process management solution...

Pacific Fund Systems opens Isle of Man HQ
21 October 2016 Douglas, Isle of Man
Reporter: Stephanie Palmer

Fund administration software provider Pacific Fund Systems (PFS) has officially opened its new operational headquarters in Douglas, Isle of Man...

BNY Mellon sees boost in servicing fees
21 October 2016 New York
Reporter: Mark Dugdale

BNY Mellon has seen a 1 percent increase in its asset servicing fees, which reached $1.1 billion in Q3 2016...

Clearstream and HSBC in CIBM collaboration
20 October 2016 Luxembourg
Reporter: Stephanie Palmer

HSBC and Clearstream have paired up to offer Clearstream customers access to the China Interbank Bond Market...

Keady takes on DTCC's solutions division
19 October 2016 Boston
Reporter: Drew Nicol

The Depository Trust & Clearing Corporation’s Timothy Keady has expanded his remit by taking the helm of the company's solutions and sales and solution delivery division...

New York pension funds taken to task by DFS
18 October 2016 New York
Reporter: Drew Nicol

The New York State Common Retirement Fund, the investment arm of several New York state pension funds, has been accused of running “misguided investment scheme” and failing to “adjust and anticipate potential future losses” in a scathing repo

EACH: CCPs have ‘extreme’ scenarios covered
18 October 2016 Brussels
Reporter: Stephanie Palmer

CCPs are already strong enough to withstand the ‘extreme but plausible’ scenario that would trigger a resolution strategy, as outlined by regulatory authorities...