All industry news

European private market ESG assets will “skyrocket” to €1.2 trillion by 2025, predicts PwC

12 October 2021 UK
Reporter: Jenna Lomax

The statistic, which appears in PwC’s report entitled EU Private Markets: ESG Reboot, reflects the continuing change that ESG is creating for the European private market landscape

Deutsche Bank automates tax processes for post-trade settlement in Indonesia

08 October 2021 Indonesia
Reporter: Jenna Lomax

Deutsche Bank has launched an automated workflow platform for the administration of capital gains withholding tax during the post-trade settlement process in Indonesia, utilising the Xceptor Tax Solution

Harbor Capital Advisor appoints State Street for ETF servicing

08 October 2021 US
Reporter: Carmella Haswell

State Street will deliver ETF servicing solutions to buy-side client,including basket creation, dissemination and settlement, custody, fund accounting, N-PORT production, order-taking and transfer agency

BNY Mellon expands Custody FX offering with FX Algos Capabilities

08 October 2021 US
Reporter: Carmella Haswell

The foreign exchange trading programme will add new trading capabilities, pivoting from a custody-focused service model to leverage a variety of client types for their rules-based, end-to-end transaction needs

Brace for further volatility in fund flows for UK equities, warn Calastone

08 October 2021 UK
Reporter: Jenna Lomax

“We should brace for further volatility in fund flows for UK equities”, warns Edward Glyn, head of global markets at Calastone, when discussing the UK equities market which suffered heavy selling in September

Itiviti integrates NYFIX Matching with Broadridge Investment Management Solutions

07 October 2021 US
Reporter: Carmella Haswell

NYFIX Matching will allow clients to consolidate matching of multiple asset classes on a single platform and match trade details, deliver efficiency and cost benefits, according to Itiviti

Clearstream opens new link to Serbian capital market

04 October 2021 Serbia
Reporter: Maddie Saghir

Raiffeisen Bank International will act as local custodian and operator of Clearstream’s account at the Serbian central securities depository

EXCLUSIVE: SEC proposes amendments to Form N-PX under Investment Company Act

04 October 2021 US
Reporter: Jenna Lomax

The Securities and Exchange Commission is proposing to amend Form N-PX under the Investment Company Act of 1940 to enhance the information mutual funds and exchange-traded funds currently report annually regarding their proxy votes