Asset managers plan to diversify through alternative fund launches
Traditional long-only managers have been launching hedging strategies in the face of asset manager consolidation and the growth of passive investing.
Traditional long-only managers have been launching hedging strategies in the face of asset manager consolidation and the growth of passive investing.
State Street makes another move into front office trading technology with acquisition of FX TCA provider BestX.
State Street believes it can increase its footprint in the wealth space following acquisition of front-office service provider Charles River.
David James will be responsible for all legal aspects of Ultimus’ operations and strategic initiatives, while also overseeing its fund administration department.
In January, BNY Mellon announced the launch of a FX prime brokerage service, the first custodian to enter the space. Will this mean a new approach to FX prime brokerage?
State Street announced assets under custody of $33.8 trillion, up 9% year-on-year and overtaking BNY Mellon for the first time in three years.
BNY Mellon held previously held the rank as the largest global custodian by assets for three straight years.
Custodian announces deal to acquire investment management front office service provider Charles River Development in a landmark $2.6 billion deal.
FX prime brokerage expert joins State Street in a newly created role from Standard Chartered in London.
CERN Pension Fund CEO cites technology and value as reasons for review which will it move $4.25 billion of assets to Northern Trust for custody.