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Northern Trust Hires David Lester

29 September 2009 Toronto
Reporter:

Northern Trust has appointed David Lester as head of the institutional sales effort for asset management at NT Global Advisors, Inc., Canada. Lester comes to Northern Trust from SEI Investments and his primary focus will be on manager-of-managers inv

Bruce Murphy Appointed Managing Director

30 September 2009 Sydney
Reporter:

BNY Mellon Asset Management has appointed Bruce Murphy as Managing Director of BNY Mellon Asset Management Australia. Murphy replaces James Gruver who has relocated to the U.S. to work on strategic business growth initiatives....

Securities Lending Still Thriving

21 September 2009 London
Reporter:

A global survey published recently by RBC Dexia shows that securities lending participants are staying in the market or adjusting their risk parameters rather than suspending their programmes, following the market volatility of the past 12 months....

RBC Dexia Union

28 September 2009 New York
Reporter:

RBC Dexia Investor Services (RBC Dexia) and Unione di Banche Italiane scpa (UBI Banca) have announced that they have entered into an agreement for UBI Banca to transfer its depositary bank business to RBC Dexia...

J.P. Morgan Creates Integrated Prime Brokerage and Custody Group

9 September 2009 New York
Reporter:

J.P. Morgan has announced the formation of the Prime-Custody Solutions Group, a team responsible for delivering the firm's integrated prime brokerage and custody platform to clients. The unit will serve hedge funds and asset managers seeking a combin

New Portfolio and Risk Management Reporting Offering

21 September 2009 New York
Reporter:

Sophis, a provider of cross-asset, front-to-back portfolio and risk management solutions and J.P. Morgan's Prime Brokerage business, today introduced iSophis, a sophisticated new technology that will allow hedge funds to comprehensively manage their

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