Teacher Retirement System of Texas (TRS) Board Chairman R. David Kelly announced today that Ronnie Jung has notified the board of his plans to step down as the agency's executive director, effective July 1, 2011.
In a major step toward fulfilling the company's strategic objectives in the area of evaluated pricing services, SIX Telekurs has entered into an agreement with CSV, Incorporated to purchase its evaluated pricing business.
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
