GLOBAL - JP Morgan Investor Services is to provide global custodial services to the Gartmore Group's US$16bn in assets.
Further services that JPMorgan will be providing under the mandate include foreign exchange, cash trade execution, securities lending and commercial banking services.
JPMorgan offers Gartmore the expertise, capabilities and services that can increase our efficiencies and reduce our expenses, said Gartmore Group CEO, Paul Hondros.
Tom Swayne, business executive, JPMorgan Investor Services commented: “This mandate further solidifies our position as a leading full-service solutions provider to the investment management market.
PP has compiled a list of what to watch out for over the coming months.
The Pensions Regulator (TPR) spent just under £60,000 on a rebrand, including the design of a new logo and implementation of a refreshed colour scheme, Professional Pensions can reveal.
In this week's Pensions Buzz, we want to know whether or not you believe default decumulation pathways are a good way to tackle members' confusion at retirement.
The increase in minimum auto-enrolment (AE) contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.