Tag: Asset managers

State Street will provide outsourced non-US equity trading and middle-office services for GIM’s international equity strategy.  

The launch of the service comes as the roles of the COO and CFO are increasingly becoming blurred with other functions within an investment manager.

The new ‘Fund Alerts’ servoce will give asset managers an instantaneous view of their fund liability movements through various customised alerts.

Sun Life’s fund is one of a growing number of ESG funds approved by the Hong Kong Securities and Futures Commission (SFC).

Greater regulatory scrutiny comes as the COVID-19 pandemic has highlighted a greater risk in the event a fund administrator cannot strike a NAV.

Asset managers and asset owners with over $100 billion in assets under management (AuM) said they plan to reduce their number of service providers.

Fund administrator says it has been onboarding up to two clients a week to its front-to-back platform during 2020.

Citi will provide custody and fund administration to four new ETFs launched by Emles Advisors.

The tool is designed to analyse the tax consequences of financial products, and is available to banks, wealth and asset managers.

The license also makes Citi the first among the top five global custodians to win approval to set up shop in China.