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US direct lending market to grow, according to Ocorian research
11 November 2022
United Kingdom Reporter Lucy Carter

59 per cent of capital markets executives expect growth in the US direct lending market over the next 18 months, according to recent research by service provider Ocorian. Only 1 per cent expect loan volumes to remain stagnant

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Universal Investment Group completes acquisition of EFA
09 November 2022
Luxembourg Reporter Lyndsey Young

Universal Investment Group has completed the acquisition of Luxembourg-based financial services provider European Fund Administration S.A in an effort to expand its business activities in the Nordics and France

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AST celebrates best in business with former Royal Marine Major Scotty Mills
08 November 2022
UK Reporter Jenna Lomax

Scotty Mills, former Major Royal Marine and global keynote speaker (pictured), presented the awards and delivered a thought-provoking keynote speech

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ABN AMRO Investment Solutions picks BNP Paribas to provide middle-office services
08 November 2022
France Reporter Jenna Lomax

The services will be connected with ABN AMRO Investment Solutions via BlackRock Aladdin, ABN AMRO Investment Solutions’ chosen platform to unify its investment management processes

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Rest expands custody mandate with State Street
08 November 2022
Hong Kong Reporter Lyndsey Young

The mandate will see State Street provide back office services, including custody, accounting and unit pricing, performance and analytics, tax and regulatory reporting and loan servicing

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Sparkasse Bank Malta and Diligencia become GLEIF validation agents
08 November 2022
Switzerland Reporter Carmella Haswell

The Global Legal Entity Identifier Foundation introduced the Validation Agent Framework to enable regulated institutions to leverage their KYC and AML onboarding procedures and help their clients obtain LEIs

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SEC revises Form N-PX proxy voting reporting requirements for US-registered funds
04 November 2022
US Reporter Bob Currie

These reforms are intended to make it easier for investors to compare the proxy voting records of mutual funds, ETFs and other fund entities, including the recall and voting of loan stock

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