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Investment Funds Direct and Bravura to partner up
05 July 2013
London

Investment Funds Direct Limited has selected Bravura Solutions as its preferred back-office technology partner...

Three custodian banks face ratings review
03 July 2013
New York

BNY Mellon, State Street and Northern Trust are facing reviews of their long-term ratings because of narrow margins in core custody services and an over reliance on ancillary services such as securities lending, according to Moody’s...

J.P. Morgan and Standard Chartered execs launch consultancy in Asia
02 July 2013
Singapore

Former J.P. Morgan and Standard Chartered executives have launched their own consultancy aimed at improving the performance of institutional clients in securities services and transactional banking in Asia...

BNY Mellon receives key collateral patent
26 June 2013
New York

BNY Mellon has been awarded a US patent for a process enabling the secure management of collateral between counterparties via its Margin DIRECT service...

Existing relationship opens door to new Janus mandate
25 June 2013
Dublin

Citi is extending its relationship with Janus Global Capital Group to include a suite of global custody and trustee services for its Dublin-registered funds...

BNY Mellon increases scope of ING IM mandate
13 June 2013
New York

BNY Mellon has taken on more work from the US arm of ING Investment Management, expanding on its mutual funds mandate to include the provision of fund accounting and administration, custody, and transfer agency services for two saving plans...

Tesco director to take over as new NAPF chairman
12 June 2012
London

Ruston Smith has been appointed chairman of the National Association of Pension Funds. He will succeed Mark Hyde Harrison, whose two-year tenure ends at the NAPF Annual General Meeting on 18 October...

Hedge fund association to lose CEO
12 June 2012
London

The CEO of AIMA is stepping down from his role at the end of the year. Andrew Baker has been CEO since the beginning of 2009. The association is in the process of finding his successor...

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