Category: State Street

LGPS Central, which manages GBP56bn (USD71bn) on behalf of eight UK local government pension schemes, has appointed State Street as provider of fund administration services for its private markets investments. State Street will initially support 13 funds managed by a combination of LGPS Central and its third-party managers with fund administration, registration services, investor services…

Vistra, the Singapore-based fund services provider, has appointed Abdel Hmitti as managing director and global head of funds. He reports to William Douglas, Vistra’s chief commercial officer, and intends to relocate to the U.S. later this year. Hmitti will lead Vistra’s funds business, overseeing the teams responsible for commercial, relationship management, product development, and digital…

Martin Jacobs has returned to State Street as client solutions lead for its State Street Alpha front-to-back solution. Jacobs previously spent nearly seven years at Citi, where he was most recently global product head of data strategy & architecture. He is based in London.

State Street has upgraded APIs for its Fund Connect ETF portal and now offers coverage to all clients globally, including Europe and the APAC region. Fund Connect ETF APIs have previously been available in the U.S. and Canada and account for nearly half of North American order volumes. Fund Connect ETF is an online portal…

After a multi-year evaluation and selection process, BlackRock has appointed BNY Mellon to work alongside State Street as a service provider for its Irish-domiciled ETFs. BNY Mellon is expected to assume responsibility for about half of BlackRock’s iShares ETFs, totalling some USD356bn, providing depositary, fund administration and fund accounting services. State Street will remain registrar…

State Street has completed its acquisition of CF Global Trading, a UK-based firm specialising in outsourced trading on an agency basis for a variety of asset classes, including equities, listed derivatives and fixed income. Financial terms are not being disclosed. State Street currently provides outsourced trading to clients in the Americas, APAC and Middle East,…

ZILO, the UK-based fintech specialising in the global asset and wealth management sectors, has added four new directors to its board: Cuan Coulter from State Street, Pervaiz Panjwani from Citi, Adam Felesky of Portage, and James Devlin from Fidelity International Strategic Ventures. All four companies participated in ZILO’s recent GBP25m (USD32m) funding round.

State Street has appointed Michael Eldridge as UK country head and State Street Bank & Trust London branch manager. Reporting to Cuan Coulter, Eldridge will oversee all aspects of State Street’s business in the UK and the execution of the firm’s strategy across product deployment, client relationships, risk and compliance, employee development and community engagement,…

Aztec Group, the C.I.-based administrator, has appointed Claire Stapleton as group head of real assets. Based in Kilkenny, Ireland, she joins from BNY Mellon, where she was global head of real estate accounting. Prior to that, she was head of the Kilkenny real assets & private equity team at State Street International (Ireland) Limited. Her…