The institutional trust and fiduciary business of Evercore's subsidiary Evercore Trust Company will become part of Newport Group.
Tag: Custody/Master Trust
SSGA launches new ESG strategies, and Millennium Trust expands Fund Custody Solution.
The recent announcement that Betterment is getting into the 401(k) business prompted a review of solutions for the micro plan market.
All plan types in the Northern Trust Universe had annual gains of 5% or greater in 2014.
Equities contributed to negative returns in the third quarter for the U.S. Master Trust Universe, says BNY Mellon.
The Wilshire Trust Universe Comparison Service (TUCS) shows performance was down for all plan types in the third quarter.
August 12, 2014 (PLANSPONSOR.com) – Institutional plan sponsors gained almost 4% in the second quarter at the median, nearly doubling gains achieved during the first quarter, according to data from Northern Trust Universe.
August 11, 2014 (PLANSPONSOR.com) – The median return of the BNY Mellon U.S. Master Trust Universe was 3.74% for the second quarter of 2014, which is the fourth straight quarter of positive results.
June 16, 2014 (PLANSPONSOR.com) – The Atlanta-based Reliance Financial Corporation has completed its acquisition of Trust Management, Inc. of Fort Worth, Texas.
October 17, 2013 (PLANSPONSOR.com) – Millennium Trust Company will be a recommended custodian for investors and offering groups using the FNEX.com Private Securities Marketplace.
October 11, 2013 (PLANSPONSOR.com) – A federal court dismissed a case against a retirement plan custodian related to the custodian’s actions following a court order to freeze an account.
July 24, 2013 (PLANSPONSOR.com) - Chris Underwood has joined the U.S. Bank Institutional Trust and Custody division as a business development officer.
July 16, 2013 (PLANSPONSOR.com) – Reliance Trust Company acquired the trust and asset management business of Grand Bank and Trust of Florida, headquartered in West Palm Beach, Florida, effective July 31.
May 22, 2013 (PLANSPONSOR.com) – Unified Trust Company hired Andrew Windsor as a retirement investment analyst.
November 6, 2012 (PLANSPONSOR.com) – Nearly all institutional plans showed positive returns for the third quarter, while 12-month returns hit double digits, Wilshire found.
November 2, 2012 (PLANSPONSOR.com) – A recommendation from the American Society of Pension Professionals & Actuaries (ASPPA) would avoid inadvertent deactivation of a retirement plan trust’s EIN.
October 22, 2012 (PLANSPONSOR.com) – Callan hired Mark Kinoshita as vice president in the Trust, Custody and Securities Lending group.
September 4, 2012 (PLANSPONSOR.com) – A federal appellate court found a multiemployer pension plan’s determination of a participating employer’s withdrawal liability was excessive.
December 15, 2010 (PLANSPONSOR.com) - Northern Trust has been reappointed as global custodian for the Los Angeles Fire & Police Pension System.
November 24, 2010 (PLANSPONSOR.com) - The Highway Patrol Retirement System of Ohio has issued a request for proposal (RFP).