Wells Fargo will join a growing a list of coveted investors which include some of the biggest custodians, investment banks, and buy-side firms.
CIBC Mellon will provide custody and fund accounting services to 14 CI WisdomTree ETFs with $1 billion in assets under management (AuM).
The Luxembourg-based CSD will use Finomial’s technology to automate trade documentation completion for funds in alternative assets.
As of May 2020, Clearstream held €2.5 trillion in investment funds under custody on behalf of its clients, an increase of 39% over the past five years.
The dual mandate expands U.S. Bank’s current service offering with Carlyle, which manages more than $25 billion in CLOs domestically and in Europe.
Fund distribution platform aims to serve distributors and asset managers based in Hong Kong, Taiwan, Korea and Japan from the new setup.
Fidelity is the first asset manager to receive regulatory approval for three semi-transparent ETF products using its own proprietary proxy basket methodology.
The lawsuit relates to an agreement the two firms have had since 2015 where Arcesium was been able to license SS&C Advent’s Geneva software, but was then terminated.
With some of the world's largest ETF issuers launching new semi-transparent products, custodians and fund administrators are in a unique opportunity to bridge the gap between the active and passive investment community.
US expansion continues for Apex as it follows up new launches with appointment of head of corporate solutions.