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Cambodia's central bank hires BNY Mellon as custodian for foreign reserves
trueThe National Bank of Cambodia, Phnom Penh, hired BNY Mellon as custodian for the central bank’s foreign reserves.
Rhode Island selects Invesco, Ascensus College Savings to manage 529 plan
trueRhode Island's $7.4 billion 529 plan, CollegeBoundfund hired Invesco and Ascensus College Savings to manage and administer the plan.
North Dakota Public Employees scouting for actuary
trueNorth Dakota Public Employees Retirement System is searching for an actuary.
Italy's Arco pension fund taps State Street for securities lending
trueArco Fondo Nazionale Pensione Complementare hired State Street to manage the €466 million ($513 million) pension fund’s securities lending program.
Illinois State Board chooses new investment consultant
trueIllinois State Board of Investment hired Meketa Investment Group as investment consultant, replacing Marquette Associates.
Luzerne County Employees' Retirement seeks investment consultant/custodian
trueLuzerne County Employees’ Retirement System, Wilkes-Barre, Pa., issued an RFQ for investment consultant and custodial services for the $210 million pension fund.
Orange County Employees slates several searches for 2016
trueOrange County Employees Retirement System expects to launch searches for six consultants and other service providers next year.
Sarasota Police Officers hunting for custodian
trueSarasota Police Officers' Pension Fund is searching for a custodian.
Citigroup bolsters custody business
trueJay Martin was named managing director and head of North American custody and fund services at Citigroup.
BMO Global hires securities lending managing director
trueChristopher Kunkle was named managing director, securities lending, at BMO Global Asset Management (U.S.).
DiNapoli: Wall Street profits strong in first half of year; uncertainty for final 6 months
trueDespite a strong first half for Wall Street profits, the second half of 2015 faces uncertainty due to recent stock market volatility and “global economic turmoil,” New York state Comptroller Thomas DiNapoli said Tuesday.
Blockchain set to rock investment management
trueThe technology behind bitcoin that's just beginning to be mined for use in a wide array of financial services has limitless potential for use in institutional investing, from interest-rate swaps to settlements and back-office functions, say those who've studied and are actively pursuing its ...
Canada's Department of Finance taps State Street as custodian of currency swaps
trueCanada’s Department of Finance hired State Street as collateral manager and custodian for the Canadian government’s currency swap program.
Houston lawsuit against Towers Watson advances
trueThe city of Houston’s lawsuit against Towers Watson over calculations of required contributions and benefit costs for the firefighters pension fund can proceed, a U.S. District judge in Houston ruled Wednesday.
Wisconsin State Board looking for auditor of performance measurement, reporting
trueState of Wisconsin Investment Board issued an RFP for a firm to provide auditing services of its investment performance measurement and reporting process and calculations.