New technologies and geo-politics will be high on the agenda at key funds industry events in the coming weeks, including at the London conference of Jersey Finance and at the Sibos banking tech event.
New technologies and geo-politics will be high on the agenda at key funds industry events in the coming weeks, including at the London conference of Jersey Finance and at the Sibos banking tech event.
BNY Mellon has increased dealing hours for Irish exchange-traded funds (ETFs) to facilitate their global distribution.
Holland’s Kas Bank – recently acquired by pan-European custodian Caceis – has partnered with UK fund manager LGPS Central Limited for cost transparency and reporting services.
Caceis, a pan-European custodian, is extending its asset servicing ability with the acquisition of Holland’s Kas Bank.
BNY Mellon has won the mandate to provide custody and related services to Denmark’s largest pension scheme, ATP.
Paris-based Groupama Group – which launched Orange Bank with telecoms firm Orange in 2017 - has outsourced custody of its investment funds to Caceis.
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.
