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BNY Mellon Markets Group appoints new president
trueMichelle Neal was named president of BNY Mellon Markets Group, the unit of Bank of New York Mellon that includes asset servicing, foreign exchange and trading, and prime brokerage.
Monroe County Water Authority looking for 457 plan administrator
trueMonroe County Water Authority is searching for an administrator for its $18 million 457 deferred compensation plan.
CalPERS on lookout for custodian
trueCalPERS is searching for a master custodian for its $292.9 billion pension fund, affiliated funds and the supplemental 457 deferred compensation plan.
Tallahassee picks Northern Trust as custodian
trueTallahassee, Fla., hired Northern Trust as custodian for its $2.1 billion in assets.
Telstra Super hires J.P. Morgan as custodian
trueTelstra Super hired J.P. Morgan Investor Services to provide master custody and investment reporting services for the A$17 billion retirement fund for employees of Australia's biggest telecommunication company.
El Paso County switches to U.S. Bank as custodian
trueEl Paso County Retirement Plan, Colorado Springs, Colo., has hired U.S. Bank as custodian.
Cardiff University calling for administrator, consultant
trueCardiff University Pensions Fund is searching for a provider of administration, actuarial and consultancy services, and for an investment consultant, for the defined benefit plan.
Metropolitan District Commission issues call for custodian
trueMetropolitan District Commission, Hartford, Conn., is searching for a custodian for its $200 million pension fund.
Chicago Municipal Employees seeking transition managers
trueChicago Municipal Employees’ Annuity & Benefit Fund is searching for one or more transition managers.
Departure at Fidelity Capital Markets stirs speculation
trueThe departure of Fidelity Capital Markets' head of transition management has spurred talk of what will happen at the firm, which had looked at expanding its transition management business to the defined benefit market from defined contribution plans.
Technology outsourcing without giving away the farm
trueHow is it possible to introduce a myriad of new operational and compliance-related spending to the overall organizational structure in response to the changing regulatory environment, while at the same time reducing expenses and costs?
RBC custody unit taps new sales chief targeting money managers
trueKevin O'Neill was named managing director, asset managers-North America, at RBC Investor & Treasury Services.
SEC files Wells notice against State Street
trueThe Securities and Exchange Commission is recommending that action be taken against State Street Corp., said an 8-K filing from State Street on Thursday.
Mitsubishi UFJ acquires UBS' alternative fund services business
trueMUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, is acquiring UBS Global Asset Management’s alternative fund services business.
Alabama Peace Officers pension fund looking for manager
trueAlabama Peace Officers' Annuity & Benefit Fund IS searching for a firm to provide investment consulting, investment management and custodial services.