Asset servicing

Lakeland signs Wells Fargo as custodian

Lakeland (Fla.) Employees' Pension and Retirement System hired Wells Fargo as custodian.

July 24, 2014 | 10:41 am

Pension Protection Fund preps custodian search

Pension Protection Fund expects to launch a search for a custodian in the next few months.

July 17, 2014 | 01:56 pm

New Jersey Transit searching for administrator, custodian services

New Jersey Transit Corp. is looking for an administrator, custodian and trustee for its five defined benefit pension funds.

July 17, 2014 | 03:40 pm
Legal troubles could jeopardize BNP Paribas' U.S. growth plans

Legal troubles could jeopardize BNP Paribas' U.S. growth plans

BNP Paribas Securities Services' plans to expand in the U.S. could be hampered because of last month's guilty plea by its French banking parent to processing $30 billion in transactions with...

July 17, 2014 | 02:36 pm

St. Joseph keeps U.S. Bank as manager of transit employee funds

St. Joseph, Mo., rehired U.S. Bank as investment manager and custodian of its two transit employee pension funds.

July 15, 2014 | 03:39 pm

Texas Teachers sticks with State Street for custody, securities lending

exas Teacher Retirement System rehired State Street Bank for custodial and securities lending services.

July 15, 2014 | 01:31 pm

State Street reaches $60 million settlement over shareholder lawsuit

State Street Corp. has reached a $60 million settlement on a class-action lawsuit led by the $24 billion Mississippi Public Employees' Retirement System, Jackson, and Union Asset Management Holding...

July 09, 2014 | 03:56 pm

Norfolk County opens searches for transition, real estate and private equity managers

Norfolk County Retirement System, Canton, Mass., is seeking a transition manager, a real estate fund-of-funds manager to run up to $10 million and a private equity co-investment manager to run up to...

July 08, 2014 | 03:04 pm

DeAWM to outsource real estate fund administration to BNY Mellon

Deutsche Asset & Wealth Management reached a proposed agreement to outsource its real estate fund administration, with about $47.6 billion in assets under administration, to Bank of New York Mellon...

July 02, 2014 | 05:04 pm
No Portfolio is an Island

No Portfolio is an Island

David Blanchett, CFA, CFP, Head of Retirement Research, Morningstar Investment Management; and Philip Straehl, Senior Research Consultant and Portfolio Manager, Morningstar Investment Management

July 01, 2014 | 12:01 am

Finland's VER taps BNY Mellon as custodian

Valtion Elakerahasto, Helsinki, hired Bank of New York Mellon as global custodian for its direct equity and fixed-income investments.

June 27, 2014 | 12:31 pm
Deutsche Bank makes securities lending inroads

Deutsche Bank makes securities lending inroads

More public pension funds are hiring third-party securities lending agents rather than bundling those services with their custodians and Deutsche Bank Agency Securities Lending appears to be getting...

June 12, 2014 | 03:19 pm

Devon County Council picks Northern Trust for custody, securities lending

Devon County Council Pension Fund, Exeter, England, hired Northern Trust to provide global custody and securities lending services.

June 12, 2014 | 01:30 pm

Lincoln Police & Fire collars first custodian

Lincoln (Neb.) Police & Fire Pension Fund hired U.S. Bank as its first external custodian.

June 10, 2014 | 03:53 pm

Macquarie expands transition management group

Mark Dwyer was named head of portfolio solutions, Europe, Middle East and Asia, at Macquarie Securities Group, and Graham Cook was named senior transition manager.

June 10, 2014 | 12:54 pm