NEWS
Prime custody seen as growth area for banks
Investor concerns about the safety of assets held in prime brokerage accounts has created a $400 billion opportunity for the provision of custody services to hedge funds under a 'prime custody' model, according to the research and consulting company Finadium.
More from GeneralBNP Paribas to offer custody in India
BNP Paribas Securities Services (SS) has been granted a custodian of securities licence by the Securities and Exchange Board of India (Sebi.) It can now offer local custody operations to clients in India in addition to its existing listed derivatives clearing service.
More from Custody
Guernsey fund industry begins slow recovery
Investment funds in Guernsey increased by £2.5 billion during the final quarter of 2009, according to research from Guernsey Finance. The 1.5% growth took the total value of funds business on the island to £184.2 billion at the end of December 2009. Despite this, there was an overall decline of £16.2 billion throughout the year; an 8.1% loss compared to 2008.
More from GeneralCLS names Bozian chief executive and president
BNY Mellon to acquire BHF asset servicing
Luxembourg administrator in Mauritius joint venture
JP Morgan selected to service Netherlands pension fund
Maples Finance Luxembourg branches into fund admin
Augentius appoints Thomas as Guernsey MD
GlobeOp appoints chief marketing officer
ROUNDTABLE DEBATE
The ICFA Far East Panel 2009
All eyes are turned to the Far East to see how the region has coped with the financial crisis and where the future growth is. ICFA brought together two industry experts to discuss these and other topics.
FEATURE
Ulf Noren
The ICFA Clearing & Settlement Panel 2009
The advent of T2S, increased regulation and costs are some of the challenges faced by the clearing and settlement business. ICFA asked two industry experts to discuss these and other issues
The ICFA Nordic Asset Servicing Market Round Table 2009
The ICFA Alternatives Panel 2009
Development in the desert
Tools of the trade
The Goldilocks Agent
Changing perceptions
Neither a borrower nor a lender be
The ICFA Alternatives Legal Panel 2009
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