Northern Trust extends custody mandate with BT Pension Scheme and Brightwell
Reappointment covers global custody, investment operations and derivatives outsourcing for the UK pension scheme and its fiduciary manager.
Reappointment covers global custody, investment operations and derivatives outsourcing for the UK pension scheme and its fiduciary manager.
Asset servicer extends its 2012 mandate with GPSSA as it continues to build its presence with asset owners across the Middle East.
French-headquartered custodian reports continued momentum across the first half of the year, with assets under custody and administration also increasing.
Five-year agreement extends custody and securities services relationship with Cassa Nazionale di Previdenza.
Citi and JP Morgan post the largest annual AUC/A growth among largest four custodians, as BNY lags the group on a percentage basis.
Assets under custody and administration reach €18.3 trillion, supported by market performance and new mandates.
Favourable markets and net new business drive record AUC/A and continued growth in custody and fund administration fees.
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New servicing fee revenue wins rose to $87 million during the quarter, while assets under custody and/or administration hit a record high.
Assets under custody/administration (AUC/A) rise to $62.6 trillion – up 5% from the previous quarter.