CACEIS renews collab with GemCap’s €4.7bn UCITS platform
Under the renewed mandate, CACEIS will continue to provide custody, fund accounting and transfer agency services to GemCap Investment Funds (Ireland).
Under the renewed mandate, CACEIS will continue to provide custody, fund accounting and transfer agency services to GemCap Investment Funds (Ireland).
BNY Mellon's CEO and chairman, Todd Gibbons, revealed the mandate win after the bank posted a jump of 21% in AUC/A.
However assets under custody for the French bank fell by 1.3% to €9.3 trillion as a global sell-off in equity markets hit Europe.
BNY Mellon’s CEO Scharf hoped to reassure investors that it still has a solid pipeline of mandate wins to come.
RBC I&TS has been on a steady path to digitally transform its business model with a plan to transform the front- and back-end technology offering.
State Street recently announced new asset servicing mandates of $1.3 trillion in its first quarter earnings.
The mandate will also include accounting and reporting, compliance monitoring, benefit disbursements, and cash sweep services.