Janus Henderson, the global asset manager with c. USD360bn AuM, has chosen SS&C and IFDS to provide global transfer agency services for its funds. The scope of the mandate will cover funds in jurisdictions outside the U.S. The first stage of the project saw more than 15,000 Irish accounts with more than EUR10bn of assets…
Category: State Street
State Street adds to collateral management team
State Street has appointed Staffan Ahlner as global head of Collateral+, a part of the funding and collateral solutions group. Ahlner, who previously led BNY Mellon‘s global collateral management business, will manage State Street’s Collateral + team to build on the company’s core collateral management capabilities and develop future collateral management solutions. Ahlner will report…
Glenmede adds equity trading to State Street mandate
Glenmede Investment Management L.P., a U.S.-based money manager with USD11bn AuM, has appointed State Street to provide outsourced non-US equity trading and middle office services for GIM’s international equity strategy. This mandate adds to the recently extended investment servicing relationship covering custody, accounting, fund administration and transfer agency solutions for the Glenmede Funds.
State Street hires Christian Bongiovanni as EMEA insurance segment head
State Street has appointed Christian Bongiovanni as the regional segment head for insurance in EMEA. Based in Milan, Bongiovanni is responsible for advancing the end-to-end service proposition for the firm’s insurance clients. He reports to Akhil Jain, global head of insurance, and Jörg Ambrosius, head of EMEA. Bongiovanni joins from The Boston Consulting Group, where…
Carne appoints Marty Dobbins as non-executive director in Luxembourg
Carne Group, the Ireland-based provider of fund management solutions, has appointed Marty Dobbins as a non-executive director of its Luxembourg fund management company. Dobbins, who is the CEO of Sage Advisory, s.a.r.l, was formerly CEO & country head for State Street in Luxembourg. Earlier this year Dobbins was appointed as a director of Gen II…
State Street to service Ping An’s new global PE funds
State Street has been appointed by Ping An Overseas Holdings to provide servicing solutions for its two newly launched private equity funds. This expands State Street’s current relationship with PAOH as the custodian and fund administrator of the Ping An Global Infrastructure Funds. Under the new mandate, State Street will provide custody and fund administration…
State Street upgrades Fund Connect client interface
State Street has marked the twentieth anniversary of its Fund Connect platform with a new user interface, featuring the addition of a widget enabled customisable dashboard. Fund Connect is a global trading, analytics and cash management tool with access to more than 400 money market funds.
Sabrina Li joins TMF to run China & Taiwan fund admin
Sabrina Li has joined TMF Group, the Netherlands-based professional services firm, to lead its fund administration business in China and Taiwan. Li joins from State Street.
State Street & SimCorp to partner on EMEA insurance sector solutions
State Street and SimCorp, an investment management solutions and service provider, have announced their intention to form a business partnership to provide a fully integrated, front-to-back investment outsourcing solution for insurance firms in EMEA. EMEA-based insurance companies will have access to SimCorp Dimension’s cloud-based, multi-asset class capabilities, advanced accounting functionality and managed services, together with…
Paul McDonough joins State Street’s asset owner sales team
Paul McDonough has joined State Street as a managing director in the asset owner sales division. He joins from Northern Trust, where he spent 13 years in the corporate & institutional services group as a new business development officer within the asset servicing division.