Northern Trust has extended its asset servicing relationship with Morningstar Investment Management, supporting nine multi-managed registered mutual funds with approximately $5 billion in assets under management.
Euroclear has unveiled plans to establish a single point of access to the 27 European member states across all asset classes – equities, fixed income and all types of funds.
New service, offered initially to Singapore-based funds, aims to streamline activities across the retail cash and pension fund order and settlement lifecycle.