Asset servicing

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

eVestment countersues Compass iTech

eVestment filed a countersuit against Compass iTech, alleging the company illegally entered the eVestment database on several occasions and stole restricted data for its own commercial gain.

October 22, 2014 | 06:22 pm

Towers Watson launches non-profit think tank to improve investment industry

Towers Watson is launching a global, non-profit think tank comprising asset owners, investment managers and other services providers that will focus on improving the investment industry for end savers.

October 22, 2014 | 03:37 pm

Northern Trust names head of new representative office in Seoul

Byun Jai Yung was appointed chief representative of Northern Trust’s newly opened representative office in Seoul.

October 20, 2014 | 02:25 pm

Florida SBA nears decisions on brokerage, collateral management searches

Florida State Board of Administration, Tallahassee, is considering five firms in its search for prime brokerage services: Citigroup, Deutsche Bank, New Edge, Bank of America Merrill Lynch and Bank of ...

October 20, 2014 | 01:19 pm

Market share increasing for largest FX dealers — report

The five largest foreign-exchange dealers by market share handled more than half of all FX trades in 2013, and more volume will head to those dealers in the future, said a Greenwich Associates report ...

October 16, 2014 | 02:06 pm

LACERS readies custodian search; earmarks $35 million to venture capital

Los Angeles City Employees' Retirement System approved issuing an RFP for a firm to provide custodial and securities lending services, minutes from a recent meeting show.

September 29, 2014 | 03:52 pm

Chicago Police pension fund on lookout for transition managers

Chicago Policemen's Annuity & Benefit Fund is searching for one or more transition managers

September 26, 2014 | 03:37 pm

Apex Fund Services picks new CEO

William Salus was named CEO of alternative fund administrator Apex Fund Services.

September 11, 2014 | 01:18 pm
Minnesota State Board of Investment searches for transition manager

Minnesota State Board of Investment searches for transition manager

Minnesota State Board of Investment plans to look for a transition manager.

September 09, 2014 | 01:24 pm

CalSTRS picks firms for securities lending, cash collateral management

CalSTRS intends to award contracts to several firms to provide securities lending and cash collateral management services for its equity portfolio.

August 29, 2014 | 03:40 pm

Ann Arbor Employees chooses Russell for transition management

Ann Arbor (Mich.) Employees' Retirement System hired Russell Investments to handle the transition of $56 million in actively managed core fixed-income assets from terminated manager...

August 29, 2014 | 12:48 pm

New Mexico PERA lines up custodian search

New Mexico Public Employees Retirement Association is expected to launch an RFP for a custodian on Sept. 2.

August 28, 2014 | 04:10 pm