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BNY Mellon capitalises on CLO recovery


18 December 2013 London
Reporter: Georgina Lavers

BNY Mellon has been appointed trustee and portfolio administrator on Avoca Capital CLO X Limited, a €311 million collateralised loan obligation (CLO)...
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BNP Paribas mandated for Asian UCITS funds


29 November 2013 Malaysia
Reporter: Georgina Lavers

BNP Paribas Securities Services has been mandated by Hwang Investment Management to provide services to four UCITS funds...
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CACEIS to take care of real estate


14 November 2013 Leipzig
Reporter: Georgina Lavers

The German asset manager, publity Performance GmbH, has mandated CACEIS to act as depository for its real estate mutual funds...
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FCA: buy side should question custodians


04 November 2013 London
Reporter: Mark Dugdale

Asset managers must continue to hold custodian banks to account to ensure that they are getting the services they expect at the correct price, according to the UK Financial Conduct Authority’s director of supervision...
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BNP Paribas scoops up Brazilian mandate


23 October 2013 London
Reporter: Jenna Jones

BB Gestão de Recursos DTVM’s has selected BNP Paribas Securities Services to provide global custody, fund administration and depository bank services to its $7 billion qualifying investor fund...
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Norther Trust's third quarter reveals AUC growth


22 October 2013 Chicago
Reporter: Georgina Lavers

Northern Trust’s assets under custody have increased by 10 percent year-on-year, and 5 percent sequentially, for its third quarter results this year...
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Post-communist Romanian fund appoints SocGen


22 October 2013 Bucharest
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has been appointed by S.C. Fondul Proprietatea to act as its custody and depository agent bank in Romania...
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CIBC Mellon keeps newspaper mandate


18 October 2013 Halifax
Reporter: Georgina Lavers

CIBC Mellon has been kept as the asset servicing provider for the Halifax Herald Limited, publisher of The Chronicle Herald newspaper...
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Standard Chartered picks up UAE mandate


14 October 2013 United Arab Emirates
Reporter: Georgina Lavers

Standard Chartered has picked up a custody and fund administration mandate with Al Mal Capital, an investment institution in the United Arab Emirates...