All industry news

BNY Mellon selected by Formula Investing Funds

26 July 2011 New York
Reporter: Ben Wilkie

BNY Mellon Asset Servicing has been selected to provide its mutual fund turnkey solutions product, FundVantage Trust, which includes fund accounting and administration, custody, transfer agency, and underwriter services, to Gotham Asset Management...

BNY Mellon launches iPad app

25 July 2011 New York
Reporter: Ben Wilkie

BNY Mellon has launched Workbench Mobile, a new app enabling the firm’s institutional clients to authorise instructions and securely access key reports and account information from their iPad...

Prigent to head SGSS

25 July 2011 Paris
Reporter: Ben Wilkie

Bruno Prigent, currently deputy head of Societe Generale Securities Services (SGSS), will become head of SGSS as of 30 September 2011...

Ebeling to join UBS

22 July 2011 Zurich
Reporter: Ben Wilkie

Sven Ebeling is to join UBS as head of asset servicing in Switzerland...

J.P. Morgan selected by AQR Capital Management

22 July 2011 New York
Reporter: Ben Wilkie

J.P. Morgan has been selected by investment management firm AQR Capital Management, adviser to the AQR Funds, to provide prime custody and fund administration to its newly launched mutual fund...

J.P. Morgan transitions APG's emerging market assets

21 July 2011 Amsterdam
Reporter: Ben Wilkie

J.P. Morgan’s Worldwide Securities Services business has successfully transitioned $12.5 billion in emerging market assets for APG, the Dutch pension administrator and asset manager...

Luxembourg prepares for AIFMD

21 July 2011 Luxembourg
Reporter: Ben Wilkie

On the 1st July 2011, the Alternative Investment Fund Managers Directive (AIFMD) was published in the Official Journal of the European Union...

BNY Mellon appoints new EMEA chairman

21 July 2011 London
Reporter: Ben Wilkie

BNY Mellon has appointed Michael Cole-Fontayn as its new chairman of Europe, Middle East & Africa (EMEA)...

DST Systems announces agreement to acquire ALPS Holdings

20 July 2011 Kansas City
Reporter: Justin Lawson

DST Systems, Inc. has signed a definitive agreement to acquire ALPS Holdings, Inc. The acquisition builds DST's distribution and asset gathering services while broadening it's range of administrative capabilities.....

UBS GAM builds in Asia

20 July 2011 Hong Kong
Reporter: Ben Wilkie

UBS Global Asset Management has launched its Asia Pacific Fund Services business, which will provide fund administration and support to funds in the region...

Credit Suisse builds Asian team

19 July 2011 Hong Kong
Reporter: Ben Wilkie

Credit Suisse has appointed Carl Bautista, Mervyn Chow and George Pavey as co-heads of its Global Markets Solutions Group (GMSG) for Asia Pacific and Zeth Hung as vice chairman of the Investment Banking Department and GMSG for Greater China...

SG awarded CDC mandate

19 July 2011 Paris
Reporter: Ben Wilkie

Societe Generale Securities Services (SGSS) has been appointed by CDC Entreprises to provide trustee services for eight venture capital funds totalling more than EUR 3 billion...

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