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ALFI: funds crucial to the global economy


24 March 2015 Luxembourg
Reporter: Stephanie Palmer

Luxembourg as a funds centre is “misunderstood at best, maligned at worst”, according to a speaker at ALFI Spring Conference...
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Calastone expands Middle East coverage


24 March 2015 London
Reporter: Stephen Durham

Calastone has been mandated by the National Bank of Abu Dhabi (NBAD) Global Asset Management to provide distribution and processing services via its global network...
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Duetsche Bank named as depository for Veolia


24 March 2015 New York
Reporter: Becky Butcher

Deutsche Bank has been appointed as successor bank for the non-capital raising sponsored Level I American depository receipt programme of Veolia Environnement...
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BNY Mellon names head of corporates and insurance


23 March 2015 New York
Reporter: Becky Butcher

BNY Mellon has appointed Kathleen Scott to a newly created role to lead corporate and insurance activities within the bank’s corporate trust business in the US...
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Citibank “must obey Argentine laws” in bond payments


23 March 2015 Buenos Aires
Reporter: Stephanie Palmer

Argentine President Cristina Fernandez has said that Citibank “must obey Argentine laws” and pay its bond holders, despite a ruling in a US federal court forbidding the payments...
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HSBC to service a German RQFII


20 March 2015 Shanghai
Reporter: Becky Butcher

HSBC has become the first custodian bank in China to service a Renminbi Qualified Foreign Institutional Investor (RQFII) based in Germany...
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Changes to derivatives margin requirements delayed


19 March 2015 Basel
Reporter: Stephanie Palmer

Changes for margin requirements for non-centrally cleared derivatives will be delayed by nine months, the Basel Committee and the International Organization of Securities Commissions have agreed...
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TSAM: role of the middle office on the rise


17 March 2015 London
Reporter: Stephanie Palmer

The asset management industry could see major structural changes, an increased role for the middle office, and a move towards responsible investment, according to a panel at TSAM Europe in London...
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Multrees selects Babel Systems platform


17 March 2015 London
Reporter: Stephen Durham

Babel Systems has signed contracts with Multrees Investor Services to provide its securities processing software as a key component of Multrees’s custody and investment administration service for wealth managers and private investment offices...
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SWIFT gives industry insight


17 March 2015 London
Reporter: Stephen Durham

Regulation, automation and financial crime compliance initiatives are top priorities for the investment management community in 2015, according to new research from SWIFT...
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APX goes live with new platform


17 March 2015 Sydney
Reporter: Stephen Durham

Asia Pacific Stock Exchange (APX) has gone live with its new trading platform powered by Nasdaq's X-stream trading technology, as well as Genium FIX to power its APeX trading platform...
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Capita Asset boosts AIFMD expertise


16 March 2015 London
Reporter: Becky Butcher

Capita Asset Services has appointed Mary Bruen and Joe O’Donnell to expand its independent alternative investment fund manager capabilities...