Investment Strategy

Calastone seeks big slice of managed funds market

Calastone Ltd., the specialist messaging and translation service for managed funds, says it expects to mirror its U.K. market share of 80 per cent in Australia as the $1.3 trillion in superannuation funds seek electronic rather than manual processes. Founded in March 2007, Calastone is a messaging hub that sits in the middle of buyers […]
Investment Strategy

Aberdeen sets it straight on State Street

Aberdeen Asset Management has clarified its intentions regarding State Street Investor Services, which took over Credit Suisse Asset Management’s backoffice just in time for that firm’s sale to Aberdeen, which has a global backoffice relationship with BNP Paribas Securities Services.