09/25/2012
The various portfolio tiers relate to all the assets that an individual holds on Cofunds, including ‘legacy assets’. And investors can make unlimited switches without charge, Cofunds says. The unbundled model will be VAT-exempt
09/25/2012
By calculating the market risk against each individual security in a fund’s portfolio, the tool determines the market risk across the entire portfolio with higher accuracy than when calculated based on individual reports from disparate external sour
09/25/2012
Gilliat Financial Solutions, the structured products distribution specialist within the Arbuthnot Banking Group, today announced its success in both the European Structured Retail Products Awards and Moneyfacts Investment Life & Pensions Awards.
09/24/2012
The firm stressed that as the funds are risk targeted, rather than risk rated, they are designed to remain within specified risk bands over a medium to long term time horizon.
09/24/2012
Financial adviser Origen, part of Edinburgh-based Aegon UK, has reported a £3.5 million pre-tax loss for 2011 after conducting an internal review of its systems and controls.
09/24/2012
"Recent measures announced by the European Central Bank could restart a process of credibility on the market."
09/24/2012
‘The new organisation will allow the firm to benefit from synergies between the various management units of the business.’
09/23/2012
Venture capital trusts believe that new rules planned by the Financial Services Authority could cost them three-quarters of their investor base, with one wealth manager warning the developments are “very concerning” for small business investme
09/23/2012
London hedge fund paid top partner €42m last year
Comac was one of a tiny minority of hedge funds and investors that called the stock market right in 2007 and 2008, making a massive profit from shorting US Treasury bonds.
09/23/2012
Turkey's Privatisation Administration may sell a 24 percent stake in Halkbank through a secondary public offering (SPO) within six months, retaining a controlling stake in the state-run lender, government and banking sources said.
09/23/2012
Whitehall, based in Bewdley, Worcestershire, received details last month of 35 Aegon investors who were not its clients. Between them the investors have £1.2 million of pensions with the insurer.
09/23/2012
Exiting the Asset Protection Scheme would be a milestone in RBS's recovery just under four years after it was rescued.
09/23/2012
Transaction Establishes Situs as One of the Largest Third-Party Servicers in Europe
09/23/2012
Agreement is part of plan for wider release, Hearthstone claims.
09/20/2012
A veteran trader from a prominent brokerage in Chicago said about 1,000 floor traders, phone clerks and runners worked there about two decades ago. Now, there are about 250.
09/19/2012
KBC Lease Holding NV today completed the management buy-out (MBO) deal led by Mr Ulrich Helmdach (CEO of KBC Lease Deutschland) for Kronberg-based subsidiary KBC Lease Deutschland. The impact of the MBO on KBC's earnings and capital is negligible giv
09/19/2012
SGSS will be providing these funds with paying agent and investor relations management services with reference to investors located in Italy. SGSS in Italy offers a complete range of securities services, including clearing, custody and trustee services,
09/19/2012
Octavian has announced that it has signed a long term agreement with Bordeaux Index, one of the world’s largest fine wine merchants, to provide storage and distribution services.
09/18/2012
BNY Mellon has been appointed to launch and manage VVO Haberger AG’s new Private Label Funds via its affiliate BNY Mellon Service KAG.
09/18/2012
Societe Generale Securities Services in Italy has signed an agreement with AllianceBernstein SICAV and AllianceBernstein FCP to act as their local Transfer Agent, providing them with paying agent and investor relations management services with reference t