Dylan Curley has joined BNY in a newly created role as client coverage global head of alternatives within its asset servicing business. Curley joins from U.S. Bank’s global fund services unit where he was global head of business development. He has also worked at J.P. Morgan. Curley will be based in New York, reporting to…
Category: Bank Providers
Northern Trust wins VCC mandate in Singapore
Northern Trust has been appointed by Valverde Investment Partners Pte Ltd. to provide custody, fund administration, FX and cash management services for its newly formed Variable Capital Company (VCC) fund, along with its sub-fund, ASEAN+ Fund (VAPF). Valverde is a newly established, Singapore-based, independent investment management firm specialising in ASEAN equities.
Citi wins Nuveen ETF mandate
Citi has won an ETF servicing mandate from Nuveen, the TIAA-owned asset manager. Citi has onboarded 23 ETFs with c. USD9bn AuM. The mandate expands Citi’s relationship with Nuveen, which is an existing client of its markets business.
NTAM outsources to Waystone
Northern Trust Asset Management (NTAM) has outsourced its ETF business to Waystone ETFs. The single ETF, NTAM’s USD287.4m FlexShares Listed Private Equity UCITS, will now be hosted on Waystone ETF’s ICAV platform. NTAM will continue as the investment manager for the ETF. Northern Trust’s asset servicing unit will continue to act as custodian and administrator.
Beighton joins Waystone
Wayne Beighton has joined Waystone as a managing director, based in the UK. He was previously at HSBC, and has also worked at Northern Trust and State Street.
State Street wins further ETF mandates for Capital
Capital Group has launched seven new equity and fixed income ETFs that seek to complement and expand its existing suite of active ETFs, bringing the current total to 21 ETFs. State Street, which is an existing ETF service provider for Capital, has been appointed as administrator and transfer agent for the new funds.
Speridakos retires
Irene Speridakos has announced her retirement. Most recently, she was global head of investments managers at BNY, after spending more than eight years at State Street.
BBH expands data solutions team
BBH has added to its Infomediary Data Solutions sales and relationship teams in the U.S. and Europe. The growth of the team follows BBH’s recent launch of an expanded suite of data solutions aimed at streamlining the operating models of asset managers, asset owners, and financial institutions. Laura Ghaemian joins as a senior sales manager…
State Street wins in Brazil
State Street has been appointed by Bahia Asset Management, a hedge fund manager based in Rio de Janeiro, to provide a range of services including fund accounting, fund administration and investor servicing.
Symbiotics appoints SGSS for front-to-back solution
Symbiotics Asset Management, the Swiss asset management firm, has chosen SGSS’s CrossWise platform for its middle office outsourcing solution, and Dimension, the front office portfolio management system of SGSS’s partner, SimCorp. CrossWise is an integrated and modular outsourcing solution including a front office solution, a dealing desk and middle to back office functions. Symbiotics is…