Tourmaline Partners, an outsourced trading solutions firm, has appointed industry experts David Toy and Chris Arkin as senior traders.
Seven new OCIOs began contributing to the AlphaNasdaq OCIO Index in the first quarter of 2021, further solidifying the index as the investment industry standard for providing transparency and benchmarking in the OCIO industry.
State Street Corporation has been appointed by M&G Corporate Services Limited, part of M&G plc, (M&G) to provide outsourced middle office services.
JonesTrading Institutional Services (JonesTrading) has appointed industry veterans Chris Macaluso and Jon Everett to its European and US outsourced trading teams, respectively.
Six new OCIOs began contributing to the AlphaNasdaq OCIO Index in the fourth quarter, further solidifying the index as the investment industry standard for providing transparency and benchmarking in the OCIO industry.
As financial firms become increasingly reliant upon third parties to deliver key business services, the potential risks these partnerships place upon a firm’s operation resilience are of greater concern to regulators.
Partners Capital, a global Outsourced Investment Office with in excess of USD35 billion of assets under management, has promoted five executives to Managing Director.
Rising number of managers outsource middle and front office functions as pandemic prompts review of operations, finds white paper
Investment managers are choosing to outsource “core” functions including in-house dealing, foreign exchange and transition management, after reviewing their operations as the Covid-19 pandemic compounded existing cost pressures, according to a white paper published today by Northern Trust.
The SEI Master Trust, part of the SEI Institutional Group’s outsourced investment management services, has joined the Origo Transfer Service, which automates transfers of pensions, ISAs and GIAs for over 130 brands in the UK. Origo has transferred over GBP200 billion for the industry since launching in 2008.
Voya Investment Management, the asset management business of Voya Financial, has been selected by lifestyle and housing solutions firm Assurant to manage a USD6 billion tranche of its general account.