Northern Trust reports strong demand for its currency management services, with a number of significant new mandates over the past 12 months. Newly onboarded clients including Blackwall Capital Investment AG, Kieger AG and TT International Asset Management Limited, in addition to significantly expanded services for existing clients including AMX (The Asset Management Exchange) and Rockefeller…
Guido Wille to run Clearstream’s Eurobonds business
Clearstream has appointed Guido Wille to head its Eurobonds business. In his new role, he will be responsible for Clearstream’s Eurobonds product group, including network management and market partnerships. Clearstream provides over 14,000 issuers from 130 countries with access to the international Eurobond market. Wille previously ran strategic business development globally, with responsibility for a…
BNY Mellon to service Pioneer Funds for Amundi US
Amundi US, the US business of Amundi, one of the world’s ten largest asset managers, has appointed BNY Mellon to provide custody, fund accounting, administration and transfer agency services for the Pioneer Funds, which are managed by Amundi US. Amundi and BNY Mellon recently announced an alliance involving Amundi’s ALTO* portfolio management technology platform and…
Mirek Gruna joins IQ-EQ as Jersey chief commercial officer
IQ-EQ, the Luxembourg-based administrator, has appointed Mirek Gruna as its chief commercial officer for Jersey, a newly created role. He joins from Dominion Fiduciary, where he was managing director in Jersey.
Northern Trust expands performance reporting for Middle East
Northern Trust has enhanced its investment performance reporting services to deliver Sunday to Friday investment returns for clients with Middle East mandates. This latest development enables Middle East-specific performance data to be reported with greater depth of analytics and timeliness for local markets.
Northern Trust signs deal with NQR
Northern Trust has entered into an agreement with National Quality Review (NQR) to provide U.S. mutual fund managers with access to NQR Intermediary INSIGHT, a service that helps managers support their operational oversight of intermediary firms – entities that facilitate financial transactions between investors and investment products. Under the terms of the agreement NQR will…
Northern Trust to provide TM services to Standard Bank clients
Standard Bank, Africa’s largest bank, has signed a memorandum of understanding with Northern Trust to partner on the delivery of transition management services across Southern Africa. Under the partnership, Standard Bank’s clients will gain access to Northern Trust’s full suite of transition management services.
Digital Asset teams up with Exberry & Baymarkets for digital asset CCP
Exberry, a provider of exchange technology, has partnered with Digital Asset and Baymarkets to launch exchange infrastructure with central counterparty clearing functionality. This partnership will enable new digital asset marketplaces to launch on a fully compliant, end-to-end exchange platform encompassing registry, custody, trading, matching and clearing services. The updated end-to-end exchange architecture features Clara, the…
Daniel Klier joins Arabesque to run S-Ray
Daniel Klier is to join Arabesque Group as the new CEO of Arabesque S-Ray GmbH and president of the Arabesque Group, effective in June 2021. He will lead the expansion of Arabesque S-Ray’s ESG data, advisory and research services worldwide. He was previously at HSBC, where he was global head of sustainable finance, Arabesque is…
Ocorian supports launch of Cordiant’s digital assets fund
Ocorian, the C.I.-based administrator, has supported the launch of Guernsey’s first London Stock Exchange listed fund focused specifically on investing in digital infrastructure assets, Cordiant Digital Infrastructure Fund Limited. The fund, managed by Canadian asset manager, Cordiant Capital Inc., is listed on the specialist fund segment of the LSE’s main market. It raised GBP370m from…