State Street has signed a memorandum of understanding with Jadwa Investment, a Middle Eastern investment management and advisory firm, to collaborate in the Sultanate of Oman. The two firms will jointly identify and develop opportunities to expand their offerings to institutional clients in Oman, with a focus on asset servicing and global custody. State Street…
Category: Headlines
Northern Trust promotions within asset servicing
Following the recent appointment of Clive Bellows and Guy Gibson as co-presidents of asset servicing, Northern Trust has made changes within its asset servicing business. Nick Gilbert has been appointed head of asset servicing, EMEA, a newly expanded role with responsibility for both asset owners and asset managers, aligning the EMEA region’s structure with Northern…
Jeacock joins CACEIS
Matthew Jeacock has joined CACEIS as a director & sales executive with the UK client coverage team. He previously spent nine years at BNY.
BNPP reshuffles offshore management
BNP Paribas has appointed Robert van Kerkhoff as head of institutional investors sales & client coverage, and Alison Gurd as head of client experience & servicing. Both report to Alessandro Gioffreda, head of client coverage & territories for securities services. Van Kerkhoff will be based in Madrid, moving from Luxembourg, where he was most recently…
Dimensional selects SS&C
Dimensional Fund Advisors has appointed SS&C to support the launch of ETF share classes of its U.S. multi-class funds. SS&C will provide operational and technology support to facilitate mutual fund share class–to–ETF share class conversions. Dimensional is headquartered in Austin, Texas, and has 15 global offices across North America, Europe, Asia Pacific, and Australia. As…
TMF expands with Fenergo
TMF has expanded its partnership with Fenergo, the Ireland-based provider of SaaS financial technology solutions to improve client lifecycle management and support regulatory compliance. Under this renewed agreement, TMF will offer clients a fully digital investor onboarding experience.
Aztec hires from Apex
Aztec, the C.I.-based provider of private markets services, has appointed Maria Von Horvath as senior director, private equity fund accounting, and strategic client delivery lead. She was previously head of operations for the Dallas office at Apex. She will continue to be based in Dallas and will lead private equity fund accounting and strategic client…
UI appoints BNY
Universal Investment, the Germany-based fund services provider, has appointed BNY as its servicing partner for its Irish ICAV-based ETF platform. BNY will provide fund administration, depositary services, and ETF-specific operational support.
BNPP appoints head of Americas
BNP Paribas has appointed Stéphane Pellerin as head of Americas for its securities services business. Based in New York, Pellerin will report to Claudine Gallagher, head of securities services. Pellerin will continue in his current role as head of derivatives execution & clearing and foreign exchange prime brokerage for the Americas. He replaces Denis Bon,…
RLAM appoints SS&C in Australia
Royal London Asset Management, a UK-based fund manager, has extended its relationship with SS&C, which will provide fund administration and unit registry services for its new range of Australian active funds, Equity Trustees will serve as the responsible entity for the funds, which have been launched with around AUD1bn in AuM. SS&C will provide fund…