Asset servicing

The Wealth of Cities - The Investment Implications of Urban Expansion

The Wealth of Cities - The Investment Implications of Urban Expansion

Urban expansion offers investment opportunities that coincide with the need for institutional investors to look beyond short-term gains. The urban mega-trend holds promise in the areas of...

January 13, 2015 | 09:34 am

Special Forces Pension Plan looking for actuarial consultant

Special Forces Pension Plan, Edmonton, Alberta, is searching for an actuarial consultant for the C$2.03 billion (US$1.72 billion) defined benefit plan.

January 06, 2015 | 03:45 pm

Massachusetts Water Resource Authority casts net for custodian banks

Massachusetts Water Resource Authority Employees’ Retirement System is searching for a custodian.

January 05, 2015 | 03:46 pm
Goldman once again tops list of prime brokers

Goldman once again tops list of prime brokers

Goldman Sachs remains the top pick for hedge funds and investment firms as their main prime broker, with 27% of respondents, followed by Morgan Stanley (17%) and J.P. Morgan (8%). The data are from...

December 08, 2014 | 03:11 pm

Minnesota State Board chooses 5 transition managers

Minnesota State Board of Investment on Tuesday selected BlackRock, Citigroup Global Markets, Northern Trust Corp., Russell Investments and State Street Corp. as...

December 02, 2014 | 02:20 pm

Canada Mortgage and Housing Corp. seeks administrator, record keeper

Canada Mortgage and Housing Corp. is searching for a firm to serve as both administrator and record keeper for its C$1.54 billion (US$1.36 billion) defined benefit plan.

December 01, 2014 | 03:57 pm

El Paso County Retirement Plan mulls custodian search

El Paso County Retirement Plan could issue an RFP for a trustee/custodian in January.

November 19, 2014 | 03:54 pm

Toronto launches actuary search for 5 frozen DB plans

Toronto is searching for a firm to conduct an actuarial valuation of the city’s five frozen defined benefit plans.

November 18, 2014 | 01:40 pm

State Street edges BNY Mellon in custody assets

State Street Corp. moved ahead of Bank of New York Mellon Corp. as the largest custody bank in terms of assets, with a slight increase in assets under custody and related revenue in the third quarter,...

November 10, 2014

Deutsche Bank appoints head of custody and clearing

Elizabeth Nolan was named head of custody and clearing at Deutsche Bank's institutional cash and securities services unit, the bank's European custody business.

November 06, 2014 | 04:07 pm
Justice Department targets J.P. Morgan Chase forex business in criminal probe

Justice Department targets J.P. Morgan Chase forex business in criminal probe

J.P. Morgan Chase & Co.'s foreign exchange trading business is the target of a criminal probe by the U.S. Department of Justice, said a company filing with the SEC Monday.

November 04, 2014 | 09:26 am

Oklahoma Teachers issues call for custodians

Oklahoma Teachers' Retirement System is searching for a firm to provide custodial, securities lending and commission recapture services.

November 03, 2014 | 03:19 pm

Kansas PERS hires State Street as custodian, terminates 2 PIMCO investments

Kansas Public Employees Retirement System hired State Street Bank as custodian, committed to a private equity fund and terminated Pacific Investment Management Co. for performance...

October 29, 2014 | 02:28 pm

State Street adds to asset servicing team

Jane Kirkland was named senior vice president for investment servicing at State Street Global Services, the asset servicing unit of State Street Corp.

October 27, 2014 | 01:18 pm
Custody banks report gains from year-earlier figures; State Street tops in size

Custody banks report gains from year-earlier figures; State Street tops in size

State Street Corp. edged above Bank of New York Mellon Corp. as the largest custody bank in terms of assets, with a slight increase in assets under custody and related revenue in the third quarter,...

October 23, 2014 | 10:21 am