State Street hires 25-year asset owner veteran from BNY Mellon to oversee relationship management with largest US pension funds and insurance companies.
Northern Trust is six months in to the launch of its custody-agnostic front-office solutions business, led by a former client of the Chicago-based bank.
Citco Institutional Services will provide new range of services aims to relieve legislative and regulatory pressures on institutional investors.
A survey conducted by Global Custodian, The TRADE Crypto and BitGo has shown that endowments are investing in crypto-assets and funds, with 94% stating they invested either directly or through a fund in 2018.
Foundations, endowments and public pension funds lead the charge into ESG strategies.