Features | July 13, 2017 9:30 AM GMTHedge funds ready for allocations rise despite concerns over fees and returnsResearch shows an increase in institutional investors making allocations to hedge funds in the second half of 2017.
Market InfrastructureJuly 20, 2017 2:00 PM GMTEuroclear surpasses €1 trillion on Collateral HighwayEuroclear stated it will focus on progressing its growth initiatives in collateral, funds, and in international markets.
CustodyJuly 20, 2017 12:38 PM GMTNorthern Trust sees 15% boost in custody businessRevenues from custody and fund administration fees increased 12% in the second quarter.
CustodyJuly 20, 2017 11:26 AM GMTBNY Mellon sets consecutive custody record in Q2BNY Mellon estimated new custody mandate wins of $152 billion in the second quarter.
Market InfrastructureJuly 19, 2017 10:14 AM GMTNorthern Trust makes latest Brexit play with Luxembourg moveNorthern Trust creates EU banking presence in Luxembourg to serve continental European funds post-Brexit.
Securities FinanceJuly 19, 2017 9:55 AM GMTBNY Mellon wins sec lending mandate for $11 billion US pension fundBNY Mellon will provide securities lending service to Kentucky Retirement Systems having acted as its global custodian since 2013.
Market InfrastructureJuly 18, 2017 12:45 PM GMTCloudMargin partnership targets South African collateral efficiency boostCloudMargin and Strate have formed a partnership targeting increased tri-party and collateral efficiencies in South Africa.
FeaturesJuly 18, 2017 10:35 AM GMTFCA report targets reform for investment consultantsThe FCA’s Asset Management Market Study provided relief for asset managers while investment consultants were not granted the same treatment.
People MovesJuly 17, 2017 1:10 PM GMTBNY Mellon appoints former Visa chief as CEO in tech driveBNY Mellon has continued its technology strategy with the appointment of former Visa CEO Charles Scharf.
FeaturesJuly 17, 2017 11:36 AM GMTCiti hires regulatory expert to new role in custody teamThe US bank has named Sean Tuffy to a new regulatory intelligence role within the custody and fund services team.
Market InfrastructureJuly 17, 2017 10:17 AM GMTJP Morgan, Citi see growth in Q2 securities services revenueJP Morgan and Citi have recorded increased securities services revenues in successive quarters.
Market InfrastructureJuly 17, 2017 10:13 AM GMTClearstream gears up for CSDR implementationClearstream will apply for a new operating license this autumn as it readies for the introduction of CSDR.
FeaturesJuly 14, 2017 11:19 AM GMTState Street sees evolutionary role in custodians financing hedge fundsState Street predicts an increased role for custodians as an alternative to the prime brokerage model.
Fund AdministrationJuly 13, 2017 3:39 PM GMTAIMA targets fund admin clarity with updated guideAIMA has vowed to reflect the modern fund administration sector with the launch of an updated guide aimed at alternative investment managers.
People MovesJuly 13, 2017 9:25 AM GMTNorthern Trust bolsters institutional sales team with senior hiresNorthern Trust has made several hires to its institutional sales and client service teams.
FeaturesJuly 12, 2017 12:58 PM GMTFund transactions primed for aviation moment with blockchainBlockchain technology could provide the engine for fund transaction processes to take flight.
FeaturesJuly 12, 2017 10:31 AM GMTStandard Chartered believes Bond Connect’s account structure could be replicatedChina’s Bond Connect venture launched earlier this month and Standard Chartered believes its structure makes reproduction a strong possibility.
CustodyJuly 12, 2017 9:41 AM GMTBNP Paribas continues US expansion with mandate winBNP Paribas will provide custody and settlement services to US-based broker-dealer Mirae Asset Securities USA.
FeaturesJuly 10, 2017 2:40 PM GMTChief technology and legal officers most outsourced roles for hedge fundsHedge funds are under increasing pressures over performance and management fees, with outsourcing becoming widely accepted to control costs.
Fund AdministrationJuly 10, 2017 1:12 PM GMTComing soon: GC’s Private Equity issue and surveyThe Private Equity issue will land in August, with the survey set to close on 21 July.
FeaturesJuly 10, 2017 8:43 AM GMTBrexit fails to derail standardisationDespite difficulties regulatory challenges in the EU, standardising and harmonising market infrastructures across Europe remain a priority.