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).
CIBC Mellon will provide custody and fund accounting services to 14 CI WisdomTree ETFs with $1 billion in assets under management (AuM).
Custodian to provide fiduciary duties, fund administration as well as transfer agency services to Hong Kong OFC fund.
Responsibilities for JP Morgan's US custody and ETF product development will be taken on by the bank's head of global custody.
The leadership changes sets out new roles and responsibilities focusing on strategy and client engagement for BNY Mellon's ETF servicing business.
Chicago-headquartered custodian has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership becoming a key component of the plan.
HSBC will be its primary service provider for TIH's newly launched Asian active engagement Vastana Fund.
Pershing trading services will now be available to the wider BNY Mellon custody client base, and to new clients as a stand-alone service.
The new business expands Citi’s existing relationship with Tuttle Tactical Management to include its new Trend Aggregation range of ETFs.
Standard Chartered has recently undergone a major restructuring to the securities services business after combining it with prime finance services.
CACEIS carried out the migration process involving 26 Luxembourg law sub-funds accounting for some €10 billion in assets.