Brown Brothers Harriman has named Kevin Stone as managing partner, effective January 1, 2027. In this role, Stone will serve as the firm’s chief executive officer, succeeding Bill Tyree, who will step down as managing partner following more than 40 years with the firm and will continue to serve as a retired general partner. Stone,…
Category: Headlines
RLAM goes live with HSBC Ireland
HSBC has gone live as the new custodian, depositary and fund administrator for Royal London Asset Management‘s two Ireland-domiciled fund umbrella structures, with combined assets of approximately GBP21bn (USD28bn). RLAM is a wholly-owned investment subsidiary of Royal London, the UK’s largest mutual life and pensions company. HSBC has provided RLAM with global custody and middle-office…
Aztec hires client relationship lead
Aztec Group, the C.I.-based administrator, has appointed Charina Amunategui as global client relationship lead, based in New York. She joins Aztec from MUFG Investor Services.
Yuanta lends through State Street
State Street has implemented a securities lending program for Yuanta Funds, a Taiwan-based ETF manager. The program allows overseas securities held within a Yuanta ETF to be lent through State Street’s global securities lending platform. The program marks the first time Yuanta has made overseas investments within one of its ETF products available for securities…
Broadridge hires from CIBC Mellon
Broadridge, the U.S.-based fintech, has appointed Richard Anton as general manager and head of global technology and operations, Canada. He joined from CIBC Mellon, where he spent 12 years, most recently as chief commercial officer and head of capital markets.
BNPP hires new digital assets head
BNP Paribas’ securities services business has reorganised its digital assets department under the leadership of Philippe Benoit, head of strategic business development and transformation. Zineddine Alla joins as head of digital assets, based in Paris and reporting to Benoit. He was most recently deputy head of financial institutions coverage for EMEA at the bank. Wayne…
JOHCM expands with NTRS
Northern Trust’s Integrated Trading Solutions (ITS) outsourced trading desk has been appointed by J O Hambro Capital Management (JOHCM), a global equities specialist manager with GBP16.8bn (USD22.7bn) AuM, as sole provider of outsourced trading services. The appointment extends the reach of JOHCM’s trading across global markets and time zones, widens the liquidity and broker networks…
ONE hires CCO from HSBC
Frederic Van Ingelgom has joined ONE group solutions as group chief commercial officer, based in Luxembourg. He was most recently business development and client management director for HSBC’s securities business, also based in Luxembourg.
Arcesium adds to ExCo
Arcesium, a fintech provider to the investment industry, has appointed Brian Rosenberg as president, revenue and commercial. Rosenberg will join Arcesium’s ExCo. Most recently, Rosenberg led commercial strategy, revenue operations, strategic partnerships, and go-to-market execution as president and chief revenue officer of Wilshire Indexes.
State Street shuffles senior management team
State Street continues to reshuffle its senior management team. Mostapha Tahiri, who was appointed enterprise chief operating officer in 2023, will become president of State Street Alpha, with responsibility for Alpha, Charles River Development, and other platform solutions, reporting to Ron O’Hanley, chairman and CEO of State Street. Tahiri will have end-to-end responsibility for Alpha…