The value of assets under custody (AUC) held on behalf of customers decreased four per cent year-on-year to €11 trillion in the first month this year, reports Clearstream...

GlobeOp has appointed Tim Ridley to its Cayman Islands subsidiary board...

Citi Global Transaction Services (GTS) has announced its appointment by Elan Corporation as successor depositary bank for its American Depositary Receipt (ADR) programme...

SEI has been selected by Asset Value Investors (AVI) to provide full fund administration and trustee and custodial services for the investment manager's new Irish Qualified Investment Funds (QIFs)...

TPG Capital has agreed to buy GlobeOp for £508 million, shortly after the hedge fund administrator announced a review of its strategic options...

Quintillion has announced an extension of its client reporting portal, Q-Reports, to incorporate investor services reporting...

Broadridge's PROactive Reconciliation solution has been selected by Kiwibank for the automation of reconciliations and investigations across all areas of the bank...

Societe Generale Securities Services (SGSS) in Italy has been appointed by BSI Wealth & Family SIM (BSI SIM) to provide personalised custody and settlement services...

BNY Mellon has been selected to provide ETF fund services, custody, fund accounting and fund administration for AdvisorShares' new ETFs...

Stenham Asset Management has announced that Pablo Balan has been hired as the head of risk management and quantitative research...

Consolidation is driving managers to change their fund administrators after launching funds in international domiciles, according to a recent survey from FundDomiciles.com...

Veritable, L.P. has awarded Citi a mandate to provide a suite of hedge fund services including middle office, fund accounting, and investor services...