Citi recently announced several new appointments to its Asia Pacific Prime Finance team, underlining growing demand for hedge fund services in the region. The eight new appointments are located in Hong Kong, Singapore and Sydney.
State Street, has been appointed to provide investment services to hedge fund group Marshall Wace for its new equity-neutral exchange traded fund (ETF) MW TOPS Global Alpha.
Citi Investor Services, part of the Global Transaction Services business, has launched a new global operating platform specifically for hedge funds. This new offering provides Citi's existing and future hedge fund administration clients a fully
CIBC Mellon Global Securities Services today announced that it has been chosen by Redwood Asset Management, manager of the Redwood Funds, Ark Funds and SciVest Funds to provide asset servicing solutions for a number of the firm's investment funds.
BNP Paribas Securities Services will appoint Patrick Colle as CEO with effect during the month of May. Patrick joined BNP Paribas Securities Services in 2006 and has been Head of BNP Paribas Securities Services' UK business since March 2008.
BNY Mellon, was recently selected by Promark Investment Advisors, Inc., which manages pension plan investment programs, to provide derivatives collateral management services through its Derivatives 360 suite of products.
BNY Mellon Asset Servicing, has recently introduced new dashboard style reporting functionality to assist asset owners and asset managers in gaining greater visibility into their securities lending portfolio. The new reports provide both detailed and
Clearstream is holding its first Global Securities Financing (GSF) conference Asia, in Singapore on April 22. The keynote speaker will be Ng Nam Sin, Assistant Managing Director, Development Group, the Monetary Authority of Singapore (MAS).
Northern Trust has been appointed to provide global custody and investment accounting services to approximately GBP1.5 billion (US$2.23 billion) in pension fund assets for West Sussex Pension Fund, one of the largest pension funds in the UK.
BNY Mellon Asset Servicing, has recently been named custodian by The Ohio State University for its Long-Term Investment Pool. In addition to providing custody and accounting for more than $1.9 billion in endowment assets, BNY Mellon will also deliver