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Sky is high for Northern Trust


21 July 2014 Chicago
Reporter: Catherine Van de Stouwe

Northern Trust has reported a 20 percent rise in assets under custody and a 15 percent rise in assets under management for Q2 2014 compared to Q2 2013...
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Historical drop in Q2 for J.P Morgan Chase


21 July 2014 New York
Reporter: Catherine Van de Stouwe

J.P. Morgan Chase has had a strong Q2, reporting a net income of $6 billion on revenue of $25.3 billion, down 2 percent from Q2 2013...
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Successful H1 2014 for fund services


17 July 2014 New York
Reporter: Stephen Durham

New flows into equity and credit funds drove H1 2014 to becoming the industry’s best opening stretch since 2007, according to data from eVestment...
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BNY Mellon get AIFMD authorisation


16 July 2014 London
Reporter: Catherine Van de Stouwe

BNY Mellon has received formal approval from the Financial Conduct Authority (FCA) to provide trustee and depositary services to alternative investment funds (AIFs) under the Alternative Investment Fund Manager Directive (AIFMD)...
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State Street offers BAAM liquid alternatives


16 July 2014 New York
Reporter: Catherine Van de Stouwe

State Street has been selected by Blackstone Alternative Asset Management (BAAM) and Legg Mason for liquid alternatives fund servicing...
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Euroclear to progress Rathbones


14 July 2014 London
Reporter: Catherine Van de Stouwe

Rathbone Brothers has chosen Euroclear UK & Ireland (EUI) to help progress its automating fund settlement process...
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Are you ready for AIFMD?


10 July 2014 London
Reporter: Stephen Durham

With the deadline for the implementation of the Alternative Investment Fund Managers Directive (AIFMD) looming on 22 July, many fund managers could still not be adequately prepared...
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Ultimus fund services for Pinnacle


09 July 2014 Cincinnati
Reporter: Catherine Van de Stouwe

Ultimus Funds Solutions has been chosen by Pinnacle Capital Management Funds Trust to provide fund accounting, fund administration and transfer agent services for the trust’s 1789 growth and income fund...
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Northern Trust wins two UK LGPS


07 July 2014 London
Reporter: Catherine Van de Stouwe

Northern Trust has won two contacts for global custody services of Cambridgeshire and Northamptonshire pension funds under the Local Government Pension Scheme (LGPS).