CIBC Mellon wins asset servicing mandate from $13 billion Canadian pension and benefits agency
Services to include global and domestic custody, institutional accounting and securities lending for the agency.
Tag: Canada
CIBC Mellon wins $1 billion ETF servicing mandate from CI Financial
CIBC Mellon will provide custody and fund accounting services to 14 CI WisdomTree ETFs with $1 billion in assets under management (AuM).
Northern Trust appointed global custodian for Canadian pension and foundation assets
Northern Trust has been appointed the global custodian for the University of Victoria (UVic) to service its CAD$ 2 billion of pension and foundation assets.
CIBC Mellon launches asset servicing solution for new lost-cost Canadian funds
The Canadian custody bank collaborated with NEO and other industry players to create the first platform-traded funds process in Canada.
Exit of RBC I&TS chief sparks new investor services role
RBC I&TS will create a new head of investor services role, promoting one of its top executives to lead the business.
JP Morgan sells half of its EquiLend stake to National Bank of Canada
JP Morgan will continue to hold a 10% ownership interest in EquiLend.
State Street creates new role for North American asset owner business
State Street has made a series of enhancements in support of asset owners, as it prepares to onboard buy-side clients to its front-to-back model.
RBC I&TS appointed custodian for $1 billion Canadian hedge fund
RBC I&TS has struck a number of custody deals for Canadian alternative investment managers in recent months.
RBC I&TS wins custody mandate for real estate-focused asset manager
RBC I&TS has made a number of efforts to boost its alternatives coverage globally through senior appointments.
Technology
Pivotal blockchain developments mark big 10 days for securities services
Multiple breakthroughs for distributed ledger technology in 10 day span for securities services industry.