Asset servicing

Railpen signs Northern Trust for asset servicing

RPMI Railpen hired Northern Trust to provide investment operation outsourcing services, said a spokeswoman for the pension fund.

June 05, 2015 | 01:55 pm

University System of Georgia sticks with SunTrust for consulting, custody

University System of Georgia rehired SunTrust Banks as discretionary investment consultant and custodian for its $580 million pooled investment fund.

May 26, 2015 | 03:59 pm
Northern Trust, Bank of Taiwan to team up on global custody offering in Taiwan

Northern Trust, Bank of Taiwan to team up on global custody offering in Taiwan

Northern Trust and Taipei-based Bank of Taiwan will collaborate in offering institutional investors in Taiwan asset servicing and global custody services.

May 22, 2015 | 02:22 pm

University of Maryland Foundation goes with Northern Trust as custodian

University of Maryland System Foundation hired Northern Trust as custodian.

May 21, 2015 | 11:24 am

Illinois Student Assistance Commission seeks custodian for 529 plan

llinois Student Assistance Commission, Springfield, is searching for a custodian on behalf of the $1.1 billion College Illinois Trust Fund, the state’s prepaid tuition program.

May 12, 2015 | 04:08 pm

Illinois State Board picks Deutsche Bank for securities lending

Illinois State Board of Investment hired Deutsche Bank to provide securities lending services for both U.S. and international securities.

May 11, 2015 | 03:52 pm

QIC taps Northern Trust as global custodian for its Australian fund offerings

QIC, a Brisbane-based money manager with A$70.8 billion ($55.4 billion) in assets under management, hired Northern Trust to provide global custody, fund accounting, taxation and...

May 08, 2015 | 11:16 am

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