NORTHERN TRUST CORPORATION: Superannuation Funds Management Corporation of South Australia (Funds SA) Appoints Northern Trust for AU$34bn Asset Servicing and Investment Administration Mandate
Funds SA, the investment management corporation owned by the Government of South Australia, has appointed Northern Trust (Nasdaq: NTRS) for a AU$34bn mandate to provide a master custody solution including asset servicing, investment administration and investment data services, following a competitive tender process.
Following a year in which the Federal Reserve hiked rates four times, it may be somewhat surprising that market analysts are now pricing in a rate cut – potentially several of them.
ROBERT W. BAIRD & CO. INCORPORATED: Baird Expands Global Technology & Services Practice, Adds Two Senior TMT Investment Bankers
Baird, an employee-owned, international financial services firm, today announced that Simon Pearson and Justin Prichard have joined the firm’s European Investment Banking group as Managing Directors, continuing the expansion of Baird’s Global Technology & Services practice.
On today’s podcast, Chief Investment Officer Mike Wilson says markets are typically savvy on how and when to price news events.
CAMBRIDGE INVESTMENTS & RESEARCH: Cambridge’s Annual Internship Program Ushers in the Next Generation of Professionals
Cambridge is pleased to share the continued success of The Next Step® summer internship program, which welcomed 24 students to the Cambridge home office earlier this summer.
GENWORTH FINANCIAL: Genworth and Oceanwide Agree to Extend Merger Agreement, Consider Strategic Alternatives for Genworth MI Canada
Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced they have agreed to an 11th waiver and agreement of each party's right to terminate the previously announced merger agreement beyond the current deadline of June 30, 2019.
ROBERT W. BAIRD & CO. INCORPORATED: Jack Miller Discusses Implications of Rule 606 Delay in Traders Magazine
The SEC recently delayed the implementation of changes to Rule 606 to allow for additional clarity and guidance around certain aspects. Jack Miller, Baird’s Head of Trading, recently discussed the implications of the delay with Traders Magazine. According to Miller: