HSBC picks Clearstream for fund processing, distribution
HSBC has chosen Clearstream, Deutsche Börse’s Luxembourg-based post-trading service provider, as its global partner for administering investment fund activities for fund order routing, safekeeping, settlement and distribution support services.
Five Luxembourg officials named to Esma committees
Five representatives of the financial services sector in Luxembourg have been named as members of working groups and specialist advisory committees of the European Securities and Markets Authority, or Esma. The new composition of the committees was made public on Friday and includes about 200 names.
FNZ, Clearstream team up to manage fund distribution info
Wealth management platform FNZ and Clearstream, Deutsche Börse Group’s post-trade services provider, said that they have agreed a strategic partnership that will help asset managers get a better view of information required for the distribution of investment information.