Asset servicing

Monroe, Conn., on lookout for pension fund consultant

Monroe, Conn., is searching for an investment consultant for its $20 million pension fund.

August 26, 2014 | 03:36 pm

Montana Board of Investments keeps State Street as custodian

Montana Board of Investments rehired State Street Bank as custodian, pending contract negotiations.

August 25, 2014 | 03:30 pm

Arizona reissues RFP for performance audit for 2 pension funds

Arizona Office of the Auditor General, Phoenix, reissued an RFP for a firm to conduct a performance audit of the $33.7 billion Arizona State Retirement System and $7.9 billion Arizona Public Safety...

August 25, 2014 | 11:46 am
Asset owners mull tightening control  on trade execution

Asset owners mull tightening control on trade execution

Asset owners are paying a lot more attention to where their money managers execute trades — decisions that have generally been left to the discretion of the managers — and some are...

August 18, 2014
No summer lull in transition management

No summer lull in transition management

July – a normally quiet month in transition management – was anything but this year.

August 14, 2014 | 10:03 am

Concord Contributory issues call for custodian

Concord (Mass.) Contributory Retirement System is searching for a custodian.

August 13, 2014 | 03:10 pm

J.P. Morgan promotes new head of global custody

Chris Rowland was named global head of custody for J.P. Morgan Chase's custody and fund services business, effective immediately, said a memo to company staff.

August 12, 2014 | 05:20 pm

Iowa Municipal Fire & Police seeks actuarial auditor

Iowa Municipal Fire & Police Retirement System issued an RFP for an actuarial audit services firm.

August 07, 2014 | 03:41 pm

Texas Prepaid changes provider for 3 plans

Texas Prepaid Higher Education Tuition Board hired NorthStar Financial Services Group as service provider for its $413 million Texas Tuition Promise Fund, $252 million Texas College...

August 06, 2014 | 02:37 pm

Longmont, Colo., switches bundled provider for 401(a) plan

Longmont, Colo., hired Great-West Retirement Services as bundled provider for the city's $65 million 401(a) plan.

August 06, 2014 | 02:17 pm

New York State Deferred Comp issues call for custodian

New York State Deferred Compensation Plan is searching for a custodian/trustee.

August 06, 2014 | 02:21 pm

Transition management transactions soar in July — Harbor Analytics

July saw a boom in transition management, based on Harbor Analytics data, with 31 transactions accounting for 27% of total transitions for the first seven months of the year.

August 06, 2014 | 01:10 pm

Evercore acquires ISI, remaining 40% of its equities business

Evercore Partners agreed to acquire International Strategy and Investment Group, a research and trading business.

August 04, 2014 | 02:35 pm

Markets, new business boost banks’ asset-servicing revenue

Higher market values and increased mandates were cited by the largest publicly traded banks for the rise in assets under custody and in asset servicing revenues in the second quarter, according to...

August 04, 2014
Firms turning to overlays for transition management

Firms turning to overlays for transition management

The changing landscape in transition management and the desire for increased returns on cash have generated new interest in a longtime offering — overlays. The changing landscape in transition ...

August 04, 2014