Asset servicing

Watch breaking news videos and read news updates about Asset Servicing on pionline.com

  1. LACERS readies custodian search; earmarks $35 million to venture capital

    trueLos Angeles City Employees' Retirement System approved issuing an RFP for a firm to provide custodial and securities lending services, minutes from a recent meeting show.

    Articles

  1. Apex Fund Services picks new CEO

    trueWilliam Salus was named CEO of alternative fund administrator Apex Fund Services.

    Articles

  2. Minnesota State Board of Investment searches for transition manager

    trueMinnesota State Board of Investment plans to look for a transition manager.

    Articles

  3. Questions over dark pools prompt changes in best execution

    trueRecent investigations into dark pools and high-frequency trading are causing institutional investors to reconsider just what constitutes best execution — and how to measure it. And the pressure to convey that to asset owners is falling on money managers and investment consultants.

    Articles

  4. CalSTRS picks firms for securities lending, cash collateral management

    trueCalSTRS intends to award contracts to several firms to provide securities lending and cash collateral management services for its equity portfolio.

    Articles

  5. Ann Arbor Employees chooses Russell for transition management

    trueAnn Arbor (Mich.) Employees' Retirement System hired Russell Investments to handle the transition of $56 million in actively managed core fixed-income assets from terminated manager Bradford & Marzec.

    Articles

  6. New Mexico PERA lines up custodian search

    trueNew Mexico Public Employees Retirement Association is expected to launch an RFP for a custodian on Sept. 2.

    Articles

  7. Monroe, Conn., on lookout for pension fund consultant

    trueMonroe, Conn., is searching for an investment consultant for its $20 million pension fund.

    Articles

  8. Erie, Pa., wants small- and midcap managers, custodian for 4 pension funds

    trueErie, Pa., is searching for a custodian, a midcap core equity manager to run approximately $26 million and a small-cap growth equity manager to run approximately $12 million for the city's four pension funds.

    Articles

  9. Montana Board of Investments keeps State Street as custodian

    trueMontana Board of Investments rehired State Street Bank as custodian, pending contract negotiations.

    Articles

  10. Arizona reissues RFP for performance audit for 2 pension funds

    trueArizona Office of the Auditor General, Phoenix, reissued an RFP for a firm to conduct a performance audit of the $33.7 billion Arizona State Retirement System and $7.9 billion Arizona Public Safety Personnel Retirement System.

    Articles

  11. Asset owners mull tightening control on trade execution

    trueAsset owners are paying a lot more attention to where their money managers execute trades — decisions that have generally been left to the discretion of the managers — and some are considering directing their managers to avoid specific venues.

    Articles

  12. No summer lull in transition management

    trueJuly – a normally quiet month in transition management – was anything but this year.

    Articles

  13. Concord Contributory issues call for custodian

    trueConcord (Mass.) Contributory Retirement System is searching for a custodian.

    Articles