Northern Trust wins asset servicing deal from Singapore-based Valverde Investment Partners
Asset servicer to provide services for Singapore asset manager’s newly formed VCC fund and sub-fund.
Custody
Canada Life Asset Management appoints Northern Trust for full suite of asset servicing solutions
Northern Trust continues run of UK mandate wins with appointment by £39.6 billion asset manager.
Swiss asset manager selects SGSS Crosswise offer for middle-office outsourcing
Symbiotics Asset Management has $2.7 billion in assets under management spread across 19 different funds and mandates and will use Soc Gen’s front-to-middle office solution.
State Street appointed custodian for Lazard AM’s first ETF in Australia
New mandate is the second Australian ETF servicing deal for the custodian this week.
Citi eyes number three spot in the custody world
During Citi’s Services Investor Day, the securities services provider outlined some of its biggest growth areas and opportunities, while stating that it is closing in on third spot in the world of asset servicing – something backed up by the numbers in Q1.
Clearing out the notebook: Key takeaways from The Network Forum in Warsaw
Global Custodian looks back over the key talking points from an informative few days in the Polish capital.
JP Morgan onboards $40bn custody mandate for Malaysia’s EPF developed market assets
Picking up the mandate from rival BNY, the custodian will provide a full range of global custody and fund services for the Employees Provident Fund (EPF) of Malaysia’s developed market assets.
Standard Chartered reappointed custodian for iFAST’s retail funds
Under the reappointment, Standard Chartered will provide a suite of services to seven of iFAST’s retail funds
State Street selected by Monochrome for custody and administration of Australia’s first Bitcoin ETF
The banking giant has been selected by Monochrome to provide a suite of services for Australia’s first Bitcoin ETF.
Rebrand for BNY Mellon as custody giant shorterns name
Almost 17 years to the day after the merger between The Bank of New York and Mellon Financial Corporation - and 240 years after it was founded - the financial services provider streamlines name to BNY.