Aviva Investors has halted trading with US counterparties because of differences in regional clearing rules, finds Nicholas Pratt. For funds in general, the costs of central clearing may be disproportionate to reducing risks.
Aviva Investors has halted trading with US counterparties because of differences in regional clearing rules, finds Nicholas Pratt. For funds in general, the costs of central clearing may be disproportionate to reducing risks.
Custody banks still face business pressures as asset management clients continue to push down on custody-related fees. Nick Fitzpatrick puts the fee issue into perspective.
Custodians and fund managers are marching onwards with adapting to the AIFMD. Other regulations, such as Emir and T2S, are likely to become dominant in the year ahead, custody bosses tell Funds Europe.
Citi has appointed a head of Europe, Middle East and Africa (Emea) securities services from within its organisation.
BNY Mellon will provide clearing and custody for US treasuries for Nasdaq OMX Clearing, the Stockholm-based clearing house owned by the US exchange.
The rate of failed trades is to rise when Switzerland and the rest of the European Economic Area shortens settlement cycles by one day later this year. Stefanie Eschenbacher finds Switzerland may be better prepared than its peers.
Investors involved in complex transactions are unlikely to suffer from a shortfall of collateral, academics said this week in a move that could end several years of speculation that collateral would become scarcer.
How will Ucits V affect the fund industry? Will emerging market assets rebound? And what asset classes have gained the most inflows this year? George Mitton asks the experts.
The European Parliament elections in mid-May could see a strong showing for anti-EU, populist parties. Could they interrupt or slow the pace of financial regulation? Don't bet on it. George Mitton reports.
Fear over yields is fuelling an interest in absolute return bond funds, finds Nicholas Pratt. The next few months could be crucial for this relatively immature asset class.
