In an extension of an existing alliance, BNY Mellon will be deploying trustee control and compliance monitoring services from Amundi Technology for its global depositary and fund administration operations in a bid to improve its processes and better serve clients, officials say. The custodian bank will be using the offerings of the Amundi Leading Technologies… Read More >>
European Firms Dump Derivatives for Easier ETFs
Exchange traded funds (ETFs) are gathering momentum among European institutional investors due to lower fees, ease of use and operational simplicity compared to derivatives. In fact, firms are increasingly using ETFs instead of derivatives and as a tool for diversification and rebalancing portfolios, according to a new report ETFs in the European Institutional Channel, from… Read More >>
