State Street named fund administrator for Iconic Funds GmbH Bitcoin-backed ETN
The mandate is the latest for State Street as it looks to carve a role in supporting digital asset uptake among institutional investors.
News
HSBC and Marketnode complete digital bond issuance in Singapore
HSBC acted as the arranger bank, custodian and settlement bank for the digital bond issued on the Marketnode platform.
Banks to realise up to $25bn in new revenues from private markets, Oliver Wyman report
The findings follows a wave of buy-side firms that have expanded into private markets in response to increasing pressure on performance and fees.
State Street partners with S&P to bolster ESG data and analytics offering
Custodian follows month of prioritising ESG capabilities with deal to integrate S&P Global Trucost’s data and analytics capabilities.
Global Custodian announces major overhaul of agent bank surveys
Shifts in the sub-custody landscape and reconfiguration of relations along the value chain prompt rethink for industry stalwart.
Custody giant CEOs outline long-term plans to service digital assets
The remarks by the two custody giant CEOs follow the announcement of several initiatives by the two banks in the digital assets space this year.
State Street’s wins ‘catching up’ with its investments in custody long-game
Custodian’s front-to-back strategy shift continues to see rewards with a third of mandates relating to Alpha.
Franklin Templeton Australia adds fund range to JP Morgan’s revamped fund accounting platform
After going live last year with Fidelity International as its first client on the InvestOne platform, JP Morgan has since it migrated nine Australian clients.
Invesco to adopt State Street’s front-to-back servicing model as Alpha momentum continues
$1.4 trillion asset manager agrees to use State Street’s front-to-back asset servicing platform as the custodian announces Q1 revenues.
Fund Administration
Fireside Friday with …. BBH’s Shawn McNinch and Ryan Sullivan
The ETF market is experiencing significant change with the migration of mutual funds to actively managed ETFs, as well as innovation in new product types. Shawn McNinch, global head of ETF product and sales, and Ryan Sullivan, head of US ETF services at BBH, explain how custodians and fund administrators are adapting.