Intertrust Group bolsters Luxembourg team with three new hires
New additions to Luxembourg team sees members join from JP Morgan, State Street and TMF Group.
New additions to Luxembourg team sees members join from JP Morgan, State Street and TMF Group.
IHS Markit has become a key partner for custodians and fund administrators to provide automated technology services for their private markets clients.
The Canadian custody bank will provide a range of custody, and fund services for AGF’s Highstreet Asset Management.
TMF Group recruits 30-year fund services and prime brokerage veteran to lead North America sales.
The US bank has promoted its global head of fund accounting to the role responsible for the delivery of client service and solutions within securities services.
The new business expands Citi’s existing relationship with Tuttle Tactical Management to include its new Trend Aggregation range of ETFs.
Citi said in an internal memo the changes to its equities and securities services unit will “allow for greater focus and accountability.”
The drop across the industry bucks a four-year growth streak which begun to pick up significantly from 2016.
Citco has invested in its loan servicing capabilities to address client needs and offer a holistic lending solution.
HSBC stated it completed the transition in ‘record time’, after consolidating all custody and fund administration functions for its $18 billion of assets.