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Hedge fund launches fall to three-year low
18 December 2013
Chicago

New hedge fund launches declined to the lowest level in nearly three years in Q3 2013, while the number of hedge fund liquidations rose to the highest level since Q4 2012, according to the HFR Market Microstructure Industry Report...

Societe Generale makes senior UK appointment
17 December 2013
London

Societe Generale Securities Services (SGSS) has appointed Jason Nabi to the newly created position of head of financial institutions and brokers for the UK...

NSD and BNY Mellon collaborate on depository receipts
17 December 2013
London

Russian-based investors and brokers will be able to issue and cancel depository receipts in Russian companies thanks to an agreement between the National Settlement Depository (NSD), Russia’s central securities depository, and BNY Mellon...

Buss Capital selects CACEIS as container fund depository
17 December 2013
Hamburg

Hamburg-based investment manager Buss Capital has selected CACEIS to provide depository services for its funds managed under the new KAGB regime...

SIFMA appoints Kenneth Bentsen as president and CEO
16 December 2013
Washington DC

The Securities Industry and Financial Markets Association (SIFMA) has confirmed the appointment of Kenneth Bentsen as president and CEO...

SIX Securities wins custody mandate from KELER
16 December 2013
Switzerland

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LCH.Clearnet expands credit default swap clearing
16 December 2013
London

LCH.Clearnet SA has expanded its credit default swap clearing service, CDSClear, to offer single-name CDS clearing...

RBC appointed emerging markets fund custodian
13 December 2013
Dublin

RBC Investor & Treasury Services, a part of the Royal Bank of Canada, has been appointed as custodian and fund administrator by Westwood Holdings for its emerging markets fund...

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