Aztec Group has appointed Katie Thorpe as chief financial officer. She will lead the finance, compliance, legal and risk teams. Based in the UK, Thorpe will sit on the Aztec group executive committee and group board. She joins from UK-based investment trust, the Law Debenture Corporation plc, where she was an executive director and CFO.

HSBC has launched new custody and fund administration technology and an operating model for tax transparent funds (TTFs), where ‘look-through’ is applied at the share class level for securities lending, in what it claims to be a market first. This approach improves the tax transparency of securities lending opportunities in TTFs for institutional investors, while…