New rules from the European parliament that limit variable pay for fund managers could hit small firms hardest, it was warned.
New rules from the European parliament that limit variable pay for fund managers could hit small firms hardest, it was warned.
José Placido, the former chief executive officer of RBC Dexia Investor Services (RBC IS), has resurfaced at BNP Paribas Securities Services, just over a year since leaving his former role.
LuxCSD, the settlement platform for the Luxembourg market, is to cut its custody fees for equities by 50%, aligning them with bond custody fee schedules from April 1.
Swedish state pension fund AP7 has renewed a contract with BNY Mellon for global custody and collateral services on its $28.8 billion (€20.8 billion) of assets.
The Grand Duchy's new government, Ucits fund governance, and costs are some of the topics debated by our industry panel. Edited by Nick Fitzpatrick.
Asset managers need the help of asset servicers as the Alternative Investment Fund Managers Directive, Ucits V and a whole lot of other regulation hits the industry. The participants of our roundtable in Luxembourg discuss in which areas their clients lag, where the limitations of their help is and how blind dating introducing clients to a corporate network is becoming increasingly popular. Edited by Stefanie Eschenbacher.
La Mutuelle Generale, one of France's largest mutual insurance providers, has appointed BNP Paribas Securities Services for custody of its €2 billion portfolio.
Developments in the CSD market could see new entrants, changed business models and more competition. Nicholas Pratt looks for potential benefits for investment managers.
Funds Europe talks to Jo Van de Velde about Euroclear's highlights of 2013 and plans for the future.
Lawsuits and regulatory investigations have undermined pension funds' faith in foreign exchange rates offered by custody banks. Nicholas Pratt looks at changes in the aftermath of legal wrangling.
