Daiwa Securities Group has signed a sale and purchase agreement to transfer its global asset services division to Sumitomo Mitsui Trust Bank. The global asset services division comprises Daiwa’s fund administration/ Ucits management company, custodian, trustee and authorised corporate director
State Street Corporation is enhancing FX Connect, its FX execution venue, with new trading technology to provide a more agile and innovative platform for clients. “In today’s highly competitive environment where firms face increased complexity and regulatory requirements, it’s vital
Neuberger Berman, a private, independent, employee-owned investment manager, has hired Joe McDonnell as head of portfolio solutions (EMEA). McDonnell will be part of the quantitative and multi-asset class investments team at Neuberger Berman, reporting to co-heads Erik Knutzen and Doug
London-based Explorer Capital has launched The Explorer Russia Fund, a dedicated long/short equity fund seeded by DB Advisors Capital Management, part of Deutsche Bank’s Asset Management d
Catena Technologies has completed early testing of its trade reporting platform with trade repository REGIS-TR for Securities Financing Transaction Regulation (SFTR) reporting. The partnership between Catena and REGIS-TR will enable financial institutions to use these platforms together to automate SFTR
Swiss alternative manager Wegelin Asset Management has relaunched a multistrategy fund of hedge funds aimed at qualified investors and diversified across various investment strategies and
BCS Global Markets (BCS GM) has partnered with Russian analysts Evgeny Gavrilenkov and Alexander Kudrin, the founders of GKEM ANALYTICA, a macroeconomic research firm focused on macroeconomics and financial markets. GKEM ANALYTICA will collaborate with BCS GM’s award-winning analyst team
Independent asset manager Unigestion has enhanced its Environmental, Social and Governance (ESG) capabilities by implementing an ESG Risk Ratings solution from Sustainalytics. The solution will help Unigestion to further refine its existing in-house ESG indicators at a security level and
Tahoe City, California-based MVP Asset Management has appointed DB HedgeWorks Fund Services, which was acquired by Deutsche Bank in January, as the new administrator to the MVP Fund of Fun
The Investment Management Due Diligence Association (IMDDA), an investor-based organisation dedicated to the professionals who perform investment and operational due diligence programmes, is offering its members preferred access to the Convergence database of operational due diligence tools and analytics. “IMDDA
