Mark Gem, Chair of Clearstream Risk Committee and Member of the Executive Board at Clearstream, questions why it has become so challenging to fulfil compliance requirements around transparency and disclosure in the collective investments industry when these tasks have been managed efficiently for cash securities instruments for many years.
Fundsmith has appointed Chicago-headquartered Northern Trust to provide fund administration, depositary, global custody and associated services to support its Smithson Investment Trust.
Commerzbank and Deutsche Bank have terminated negotiations to merge their banking operations in Germany.
Lower activity by clients of the asset manager and custody bank State Street was reflected in the firm’s financial performance during the first three months of the year.
BNY Mellon has hired a former senior product manager from a rival custody bank to work in a newly created relationship management role.
Caceis will strengthen its international asset servicing coverage subject to an agreement between Crédit Agricole, its French-based parent, and Santander.
Hani Kablawi heads BNY Mellon’s asset servicing business. Here, he talks to Nicholas Pratt about resetting global custodians’ relationship with fund managers and how data usage is a part of that change.
Digital assets are unlikely to appeal to institutional investors until custody and asset servicing standards begin to mirror those for traditional assets, writes Bob Currie.
Investors are attaching greater importance to past performance when choosing which exchange-traded funds (ETFs) to invest in.
The technical set up of a blockchain securities lending solution developed through collaboration between Deutsche Börse Group and HQLAX is near to completion.
