Citi has supported the launch of two new leveraged and inverse (L&I) exchange-traded products by CSOP Asset Management, and will be providing CSOP with custody, fund administration and trustee services. Launched in Hong Kong, the new L&I products track China A-shares and allow investors to invest into the mainland China CSI 300 Index. Citi reports…
Richard
Kimura Capital moves to Centaur
Kimura Capital, the UK-based provider of commodities trade finance funding, has moved its business to Centaur. No other details were provided.
Ocorian hires Robert Hovenier as head of Mauritius
Ocorian, the C.I.-based administrator, has appointed Robert Hovenier as managing director of its Mauritius office. He takes over from Richard Arlove, who has announced his decision to retire. Hovenier joins from Mauritius International Trust Company, where he was CEO.
Bitcoin Suisse hires Markus Perdrizat to head custody business
Bitcoin Suisse has appointed Markus Perdrizat as head of custody at Bitcoin Suisse AG and CEO of Swiss Crypto Vault AG. He was formerly responsible for the blockchain risk assurance practice at PwC Switzerland. His predecessor, Philipp Vonmoos, will remain on the board of directors of Swiss Crypto Vault AG as he moves into a…
Intertrust hires J.P. Morgan’s Whaley to head Lux fund client service
Intertrust Group had added three managers to its Luxembourg client service team. Allison Whaley comes in as head of fund client service in Luxembourg, responsible for the overall client experience. Prior to joining Intertrust, Whaley was with J.P. Morgan for six years in London where she was global head of funds custody. She has also worked at Citco Fund…
Citi deploys bots to offer RT processing for matching & settlement in HK
Citi has launched a proprietary bot technology solution in Hong Kong to offer its securities services clients real-time processing for matching and settlement, giving them the ability to view their trade status consistently throughout the day and to activate stock borrowing in a timely fashion if needed. Citi’s solution uses bot technology to pull data…
Maitland adds IHS Markit loan market feeds to private debt offering
The Maples Group, a Cayman-based fund and corporate services provider, has enhanced its fund services offering for private debt and credit funds through integrated IHS Markit loan market data feeds that support the automated capture of key data to eliminate manual processing, streamline operations and maximise efficiency and control.
Intertrust hires Blanca McGarry as head of TA for Ireland
Blanca McGarry has joined Intertrust as head of transfer agency for the fund services business in Ireland. She was previously at Centaur as investor services manager.
HSBC launches ESG reporting service
HSBC has launched an ESG reporting service that provides asset owners and managers with independent measurement of how focused their listed asset investments are around ESG issues. The reporting service will consist of a monthly reporting dashboard, including portfolio-level analysis using ESG ratings and carbon emissions data. The service will use ESG scores and ratings…
BNY Mellon appoints Emily Portney as CFO
BNY Mellon has appointed Emily Portney as chief financial officer, effective immediately, succeeding Mike Santomassimo, who has informed the company of his decision to leave. Portney will report to Todd Gibbons, CEO, and will join the executive committee. Portney joined BNY Mellon in 2018 to run asset servicing for the Americas, and subsequently added responsibility…