Northern Trust reported it had brought on 22 insurance clients with approximately $65 billion in assets over the last two years at the end of 2018.
Manuel Baptista will work closely with issuers, custodians, intermediaries and institutional investors for proxy voting and corporate actions solutions.
HSS provides a new look to its global management team following the appointment of its two new global head's in September.
MUFG has looked to increase its presence in the illiquid alternatives fund services space, after it hired two senior private equity fund services executives last year.
The segment covers its insurer, asset manager, pension fund, central bank and sovereign and wealth fund clients and has been outlined a strategic focus.
Margaret Law will be responsible for growing its regional client base and leading the adoption of CLS’s portfolio of products.
The French bank has made a number of senior recruitments with a focus on sales for UK and Middle East-based asset and alternative investment managers.
The administrator completed the integration of Deutsche Bank’s Alternative Fund Services team earlier this year.
Fund administration veteran Eiji Ihori took on the interim CEO role at MUFG Investor Services on 1 July, replacing Mark Porter who stepped into an advisory role.
The newly created role will focus on financial intermediaries and corporate clients in the UK, Middle East and South Africa.