Canada Life to use Temenos fund accounting platform
The agreement will see Canada Life consolidate the investment assets for its UK and Canadian businesses onto a single fund accounting platform.
Tag: Pension funds
Custodians see opportunities for pension funds taking asset management in-house
Asset owners are seriously considering bringing their trading capabilities in-house, which could result in a shrinkage of assets managed for a fee by managers.
New asset management template could impact mandate wins
The Cost Transparency Initiative follows recent requests from institutional investors to asset managers for templates on costs and fees.
South Korean alternatives space soaring as numbers outgrow neighbouring countries
New research shows number of institutional investors and assets under administration on the rise in South Korea along with alternative asset allocations.
Northern Trust wins global custody mandate for $7.7 billion trust funds
The deal marks a significant milestone for Northern Trust’s aim to grow its collective investment trust fund services business in the US.
Adoption of ESG investment criteria accelerates with asset owners
Foundations, endowments and public pension funds lead the charge into ESG strategies.
ESMA denies pension funds an extended clearing exemption
Pension funds will have to begin clearing OTC derivatives contracts on 17 August 2018, despite calls for a third extension.
Northern Trust secures £550 million custody mandate
Northern Trust will provide custody services to Scottish Borders Council’s pension fund assets.
Global Custodian podcast episode 9
The Global Custodian Team are joined by State Street's Nick Wright to discuss the week's news, tax transparent funds, pension funds outsourcing and digitisation.