Year: 2024

Northern Trust has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for Nedgroup Investments, a global asset management firm with >USD20bn AuM. Nedgroup Investments is a division of Nedbank Group Ltd. Northern Trust will support Nedgroup Investments’ new in-house multi-boutique platform which specialises in fixed income. The premier fund on the…

Fifty years after the global custody business was sparked alive by both BBH and Chase, it seems appropriate to look back and identify some of the leaders who helped to transform the industry from a pure-play, back-office operational backwater to being the trusted provider of value-added services to asset owners and managers around the world.…

JTC, the C.I.-based professional services provider, plans to acquire the Buck UK and European share plan administration and trustee businesses (Buck Share Plans) from Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm. Completion is subject to regulatory approvals. The acquisition will add 16 employees based in the UK,…

Amicorp Fund Services, the Hong Kong-based fund services group, has added Clive Short to its team in Luxembourg. Short, with nearly twenty years’ experience in managing or supporting pan-European PERE funds, joins the team as commercial director. Prior to joining Amicorp, he worked in investment management for Barings, Deutsche Bank and AXA Investment Managers, before…

BNY has appointed Steve James as global head of marketing and communications. He reports to Jayee Koffey, head of enterprise execution and chief corporate affairs officer at BNY. He joins BNY from Fannie Mae. Natalie Sunderland, who was chief marketing and communications officer, is leaving the firm. BNY also has a chief communications officer, Garrett…

Gemini, the digital asset service provider, has been appointed as the custodian for Path Crypto’s Managed Portfolios, a robo-advisor investment platform that offers tailored digital investment strategies for retail and institutional investors. Path Crypto, a registered SEC investment advisor, recently launched the Managed Portfolios program in the U.S. and has plans to expand internationally later…