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Northern Trust Hedge Fund Services mandated by Alcova
22 October 2013 London
Reporter: Georgina Lavers

Alcova Asset Management has selected Northern Trust Hedge Fund Services to provide a full range of administrative and middle-office outsourcing services to its quantitatively driven, equity market-neutral fund...

Northern Trust creates 5 jobs to push AIFMD support
14 October 2013 London
Reporter: Georgina Lavers

Northern Trust has created and filled five new senior positions across Europe in order to support European fund managers implementing the Alternative Investment Fund Managers Directive (AIFMD)...

HSS hires three new salespeople
04 October 2013 London
Reporter: Georgina Lavers

HSBC Securities Services (HSS) has made three new appointments in sales for North America and Europe...

Northern Trust hires Slater to head new Riyadh office
10 September 2013 Riyadh
Reporter: Georgina Lavers

Northern Trust is expanding its global footprint with the opening of an office in Saudi Arabia's capital, Riyadh...

Moody's assigns Aa2 rating to State Street receipts
19 July 2013 Nevada
Reporter: Georgina Lavers

Moody's Investors Service has assigned a long-term rating of Aa2 to State Street Bank & Trust Co. Custody Receipts, Series 57 relating to Clark County School District...

NC university names Northern Trust as global custodian
04 July 2013 Chicago
Reporter: Jenna Jones

Wake Forest University, a private university based in North Carolina, has selected Northern Trust as global custodian to service approximately $1.1 billion in endowment assets...

Three custodian banks face ratings review
03 July 2013 New York
Reporter: Mark Dugdale

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...

Northern Trust makes Bridgman national leader
20 June 2013 Chicago
Reporter: Jenna Jones

Northern trust has appointed Jim Bridgman as its national leader for foundation and institutional advisors group. He will report to Scott Dille, national director of client experience and employee engagement for wealth management...

Clearing brokers encourage CCS initative
11 June 2013 New York
Reporter: Georgina Lavers

Four of the largest OTC derivatives clearing brokers have confirmed their support for the Clearing Connectivity Standard (CCS) initiative to standardise reporting for cleared OTC derivatives...

Northern Trust names new ETF administration head
05 June 2013 Dublin
Reporter: Mark Dugdale

Northern Trust has appointed Fiona Moore as head of fund administration for its exchange traded funds business across Europe, the Middle East and Africa...

BNP Paribas nabs SEB asset servicing consultant
22 May 2013 London
Reporter: Georgina Lavers

Annalisa Winge Bicknell has left SEB for BNP Paribas Securities, where she is now regional head of sales and relationship management for institutional clients...

Northern Trust Hedge Fund Services streamlining Form PF
15 May 2013 Chicago
Reporter: Georgina Lavers

Northern Trust Hedge Fund Services has launched an online regulatory module to help with Form PF filings...