UK - JPMorgan Investor Services has been selected by both Isis Asset Management and Axa Investment Managers to provide fund accounting services.
The services will be provided from JPMorgan’s Edinburgh office – its strategic hub for mutual fund accounting.
JPMorgan’s facility in Edinburgh opened last year and employs 160 people and supports 201 funds valued at £15.8bn.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.