Asset servicing

Illinois Municipal picks transition managers

Illinois Municipal Retirement Fund selected BlackRock, Loop Capital Markets, Northern Trust, Penserra Capital Management, Russell Investments and State Street to be...

April 24, 2015 | 03:21 pm

UniSuper taps BNP Paribas as new custodian

UniSuper hired BNP Paribas Securities Services as master custodian for the A$50 billion ($38.8 billion) superannuation fund.

April 23, 2015 | 02:12 pm
Transition managers answer call for sophistication

Transition managers answer call for sophistication

Transition managers are adding new capabilities to transfer assets in complex derivatives, futures and options, along with traditional transfers of securities.

April 20, 2015

Maitland acquires U.K. fund administrator Phoenix Fund Services

Maitland, an advisory, fund administration and fiduciary services firm, acquired U.K.-based fund administrator Phoenix Fund Services, marking its entry into the U.K. fund administration market.

April 15, 2015 | 03:25 pm

BNY Mellon settles with U.K.'s Financial Conduct Authority on custody rule violations

Bank of New York Mellon will pay £126 million ($188 million) in a settlement with the U.K.'s Financial Conduct Authority for violations of the agency's custody rules regarding the custodian's...

April 15, 2015 | 01:44 pm

Cantor Fitzgerald starting transition management unit

Cantor Fitzgerald on Monday announced it's creating a transition management business.

April 13, 2015 | 03:35 pm

Japan’s GPIF hires Nomura, BlackRock and Russell to handle transitions

Japan’s Government Pension Investment Fund hired Nomura Asset Management, BlackRock Japan and Russell Investments Japan as transition managers.

April 02, 2015 | 10:41 am

WSP Parsons Brinckerhoff selects Mercer to provide actuarial services for 7 plans

WSP Parsons Brinckerhoff, London, hired Mercer to provide actuarial services to its seven U.K. retirement plans.

April 01, 2015 | 04:03 pm
Smarter than beta: Why factor investing

Smarter than beta: Why factor investing

The growth of factor investing has been astonishing. And the variation in factor criteria and portfolio implementation is equally so. Here we offer a framework for understanding and evaluating factor ...

April 01, 2015 | 12:01 am

Nunavut Trust signs Northern Trust as global custodian

Nunavut Trust hired Northern Trust as global custodian for the trust's C$1.6 billion ($1.27 billion) in assets.

March 30, 2015 | 03:24 pm

Access to liquidity key concern for equity traders, survey finds

Eighty-four percent of institutional equity traders are either “concerned” or “very concerned” about sourcing liquidity in the current market, according to a Liquidnet survey.

March 27, 2015 | 02:47 pm

Carlyle takes stake in fund administration firm Conifer Financial Services

The Carlyle Group will acquire a majority stake in asset services firm Conifer Financial Services, in a deal expected to close in the second quarter.

March 25, 2015 | 02:42 pm

John Heathcoat pension fund selects Punter Southall for actuarial, investment services

John Heathcoat Pension Scheme hired Punter Southall to provide actuarial, administration, risk and investment services.

March 25, 2015 | 11:48 am

New Hampshire 457 plan scouting for provider

New Hampshire Public Employees Deferred Compensation Plan is searching for a bundled provider for the $277 million 457 plan.

March 24, 2015 | 01:30 pm
Loss of market makers may lead to buy-and-hold strategies

Loss of market makers may lead to buy-and-hold strategies

Corporate fixed-income investing is becoming a buy-and-hold market, as the reduction of traditional market makers and the resulting loss in inventory make active trading strategies more risky.

March 23, 2015