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All custody news

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Illinois pensions agency seeks new custodian


18 July 2016 Chicago
Reporter: Stephanie Palmer

The Illinois State Board of Investment is seeking a new provider for master trust and custody services both on a domestic basis and internationally...
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University fund mandate for Northern Trust


11 July 2016 Richmond, Virginia
Reporter: Stephanie Palmer

Northern Trust has been selected to provide global custody services for the investment funds of the Virginia Commonwealth University Investment Management Company...
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BNP Paribas extends custody offerings in Americas


06 July 2016 Washington DC
Reporter: Stephanie Palmer

BNP Paribas Securities Services has become a direct securities participant of the US Federal Reserve and the Peruvian CSD, improving its custody services in both markets...
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UEA ETF custody mandate for BNY Mellon


27 June 2016 Abu Dhabi
Reporter: Stephanie Palmer

BNY Mellon has been appointed as global custodian and fund administrator to the first liquid, tradable and transparent ETF listed in the Middle East under the UAE’s new regulations...
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HSBC wins Asia insurance mandate


20 June 2016 Singapore
Reporter: Stephanie Palmer

Allianz in Asia has selected HSBC Securities Services to provide custody and fund administration services for its insurance business in six regional markets...
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NeMa: Collaboration key to happy asset managers


16 June 2016 Dubrovnik
Reporter: Stephanie Palmer

Collaboration and communication is the most important aspect of network management for asset managers, according to a panel discussion and poll at NeMa...
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NeMa: Regulation affecting custody costs


16 June 2016 Dubrovnik
Reporter: Stephanie Palmer

The way that custodians price their services is changing due to the onslaught of regulation, according to a panel session at NeMa...
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NeMa: Industry backs AFME due diligence strategy


16 June 2016 Dubrovnik
Reporter: Stephanie Palmer

Banks and sub-custodians generally back the move to introduce a standardised due diligence questionnaire, devised by the Association for Financial Markets in Europe...
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Russian sub-custody win for SGSS


15 June 2016 Moscow
Reporter: Stephanie Palmer

Societe Generale Securities Services has been selected by Credit Suisse to act as its sub-custody bank in Russia...
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Custody processes improving at BNP Paribas


14 June 2016 Paris
Reporter: Stephanie Palmer

BNP Paribas Securities Services is launching a new ‘Augmented Custody’ programme to improve custody and corporate actions processes...
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HSBC facilitates first CIBM access


14 June 2016 London
Reporter: Stephanie Palmer

HSBC has become the first bank to facilitate access to the Chinese Inter-bank Bond Market for an overseas investor...
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SocGen holds Nautilus mandate in South Africa


07 June 2016 Johannesburg
Reporter: Drew Nicol

Nautilus Managed Account Platform retained Societe Generale Securities Services to provide trustee services for its management company in South Africa...