Northern Trust supported the launch of the Smithson Investment Trust, the largest UK-listed investment trust to launch, in October last year.
Tag: asset servicing
More fund administrators could enter the crypto asset servicing space in the coming months according to PwC, which has highlighted the importance of independent valuation from traditional providers.
The deal marks Microsoft’s first change in custodian in a decade for its $130 billion in assets.
The Boston-based global custodian stated the drop was down to challenging industry conditions including fee concessions and lower client activity.
Revenue from asset servicing, its largest business, was down 7% in comparison to the first quarter of last year at $1.4 billion
The review will include a potential uplift of operations for client on-boarding, asset servicing, collateral management and settlement processes.
BNY Mellon is developing a new trust and depositary model for common processes and practices across Europe.
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Leaders in Custody event, next up: the candidates up for Best Asset Servicing Project.
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Leaders in Custody event, beginning with the candidates up for Asset Servicing Deal of the Year.
BNY Mellon’s CEO and chairman outlined in the global custodian’s annual report that it is pursuing the strategy to meet demands over flexibility and choice.