Asset servicing

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

Berkeley Police/Fire Employees on lookout for custodian

Berkeley (Mo.) Police/Fire Employees Retirement System is searching for a custodian.

March 23, 2015 | 01:49 pm

Mitsubishi UFJ Fund Services hires new CEO

Ken McCarney was named CEO at Mitsubishi UFJ Fund Services, the alternative fund administration unit of Mitsubishi UFJ Trust and Banking Corp.

March 19, 2015 | 11:21 am

El Paso County Retirement Plan launches custodian search

El Paso County Retirement Plan is searching for a custodian.

March 19, 2015 | 01:30 pm

ATB Financial looking for global custodian for pension plan

ATB Financial Pension Plan, Edmonton, issued an RFP for a global custodian for the C$385 million ($305 million) defined benefit plan.

March 17, 2015 | 04:04 pm

Lancashire County pension fund taps 8 firms for transition management stable

Lancashire County Council Pension Fund chose eight transition managers to form a panel that could oversee changes to its money managers.

March 16, 2015 | 11:12 am

University of Kentucky prowling for endowment custodian

University of Kentucky is searching for a custodian for the school’s $1.2 billion endowment.

March 16, 2015 | 01:45 pm

Illinois State Board plans RFP for custody, risk analytics

Illinois State Board of Investment plans to issue RFPs this summer for custody and risk analytics services.

March 11, 2015 | 03:35 pm

Pension Protection Fund chooses Northern Trust as custodian

The Pension Protection Fund hired Northern Trust as custodian for its £20 billion ($31.6 billion) of assets, said a spokeswoman for the pension fund.

March 10, 2015 | 02:23 pm

Chicago Public School Teachers seeking fiduciary, tax, legal advice

Chicago Public School Teachers’ Pension & Retirement Fund issued an RFP for fiduciary, tax and investment legal services.

March 09, 2015 | 03:35 pm