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50% off equity custody fees down at the LuxCSD


27 March 2014 Luxembourg
Reporter: Georgina Lavers

As part of its initiative to support the dematerialisation of securities of all types, LuxCSD is cutting custody fees for equities by 50 percent...
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BNY Mellon and AP7 together again


25 March 2014 Sweden
Reporter: Georgina Lavers

BNY Mellon has been reappointed by Swedish state pension fund Sjunde AP-fonden (AP7) to provide global custody and collateral services to assets valued at $28.8 billion...
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BNY Mellon catches Phoenix account


24 March 2014 Phoenix
Reporter: Georgina Lavers

BNY Mellon has been chosen by the City of Phoenix Employees' Retirement System (COPERS) to provide custody, accounting, and securities lending solutions to plan assets valued at $2 billion...
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La Mutuelle Générale appoints BNP Paribas


17 March 2014 Paris
Reporter: Stephen Durham

La Mutuelle Générale, one of France’s largest mutual insurance providers, has appointed BNP Paribas Securities Services for custody of its €2 billion portfolio...
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Deutsche picks up Australian mandate


03 March 2014 Melbourne
Reporter: Georgina Lavers

Deutsche Bank is the new depository bank for the noncapital raising sponsored Level I American Depositary Receipt (ADR) programme of IOOF Holdings...
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BNP Paribas secures RQFII fund mandates


28 February 2014 Hong Kong
Reporter: Mark Dugdale

HFT Investment Management has given BNP Paribas Securities Services custody of its recently launched renminbi (RMB) qualified foreign institutional investor (RQFII) fund offerings...
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Euroclear reports record year for assets under custody


28 February 2014 London
Reporter: Mark Dugdale

Euroclear held a record €24.2 trillion in assets under custody in 2013. The value of securities held on behalf of its clients increased by more than €1 trillion, representing a 5 percent year-over-year increase...
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BNY Mellon strikes deal with Croydon Fund


27 February 2014 London
Reporter: Stephen Durham

BNY Mellon has been reappointed by the London Borough of Croydon Pension Fund to provide custody, fund administration and cash management services to assets valued at £668 million...
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Northern Trust strengthens Malaysian presence


26 February 2014 Kuala Lumpur
Reporter: Stephen Durham

Northern Trust has opened a Malaysia office to support current institutional clients and develop Northern Trust’s businesses in Malaysia and the wider region...
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CACEIS establishes French fund


25 February 2014 Paris
Reporter: Stephen Durham

Asset manager Tikehau and its service provider CACEIS have established the FCT Novo 2 French mutual securitisation fund...
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Deutsche Börse weathers the storm


20 February 2014 Frankfurt
Reporter: Stephen Durham

German exchange organisation Deutsche Börse Group achieved a stable financial performance throughout 2013 despite shelling out to cover Clearstream’s legal bills...