BondEvalue has appointed Citi alongside Northern Trust to join the BondbloX Bond Exchange as an asset servicing provider for the underlying bonds, which trade as fractional assets
“We’re delighted to extend our relationship with TriVista and provide securities lending services to help them maximise their risk and return objectives and optimise the value of their portfolio," says Northern Trust's Mark Snowdon
“Q4 median plan return ranked as the second best over the past 10 years, trailing only 2020’s second-quarter return,” observes Mark Bovier, regional head of investment risk and analytical services at Northern Trust
Lionel De Nicola, an executive director of Solve, says: “We are very excited to join TSSAG, a network of organisations and individuals who have similar and complementary service offerings to the financial service industry, in a global context"
The appointment follows a year of strong growth for the independent provider of management company, UCITS and AIFMD platform and fund administration services
It was revealed that during Q4 2020, global equity markets generated positive returns as investors welcomed the relief of further fiscal stimulus and the long-awaited approval of vaccines