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Hedge fund association to lose CEO


12 June 2013 London
Reporter: Mark Dugdale

The CEO of AIMA is stepping down from his role at the end of the year. Andrew Baker has been CEO since the beginning of 2009. The association is in the process of finding his successor...
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Societe Generale relocates LLoyd Michaels


12 June 2013 London
Reporter: Georgina Lavers

Societe Generale Corporate Investment Bank has extended the role of LLoyd Michaels, in efforts to promote a synthetic alternative to prime brokerage...
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BofE wards off 'private interest' CCPs


12 June 2013 London
Reporter: Georgina Lavers

The Bank of England has released a new article on central counterparties in light of its new responsibilities for the supervision of securities settlement systems and CCPs in the UK...
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Italian fund manager names global custodian


11 June 2013 Milan
Reporter: Mark Dugdale

RBC Investor & Treasury Services will provide securities lending, global custody and collateral management services to Polaris Investment after being named the fund manager’s global custodian...
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UBS appoints ICSD for its investment bank business


11 June 2013 Frankfurt
Reporter: Georgina Lavers

UBS has appointed Clearstream as its primary International Central Securities Depository (ICSD), in a move that will consolidate the majority of its securities custody, settlement, and financing business...
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The top five trends in prime brokerage


11 June 2013 New York
Reporter: Georgina Lavers

Finadium and SunGard have identified five key trends in prime brokerage services and technology that they say are driving new approaches to client service to help firms achieve agile growth...
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J.P. Morgan scoops up prime brokerage exec


10 June 2013 Hong Kong
Reporter: Georgina Lavers

J.P. Morgan has nabbed former Credit Suisse prime brokerage executive David Leahy in efforts to boost its Asia sales...
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State Street calls on Michael Bell


07 June 2013 London
Reporter: Georgina Lavers

State Street has named Michael Bell as executive vice president and member of its management committee, the company’s senior-most policy-making and strategy group...
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ISDA appoints O'Connor as chairman


07 June 2013 New York
Reporter: Georgina Lavers

The board of directors for the International Swaps and Derivatives Association (ISDA) has appointed Stephen O’Connor as full-time chairman...
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Citi scoops up prime brokerage mandate


06 June 2013 Caymans
Reporter: Georgina Lavers

Citigroup was appointed by Altera Absolute Russia, the Cayman-based fund, to provide prime brokerage, fund accounting and transfer agency services...
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Mackenzie makes a beeline for Citi’s services


05 June 2013 Hong Kong and Singapore
Reporter: Jenna Jones

Mackenzie Investments has selected Citi to provide a complete suite of fund administration, middle office, collateral management and transfer agent services in support of its portfolio advisory and fund management activities in Asia...