Fund Administration

UK Funds Under Management Up 9% In 2004

Assets under management of the UK fund management industry increased for the second year running in 2004 to Ј2,966bn, according to a new IFSL report. This was up 9% on 2003 and 11% on 2002. Funds are, however, still 3%

GSC Partners Closes New $200 Million REIT

GSC Partners, a private investment firm specializing in credit based alternative investment strategies, announced the formation of GSC Capital Corp., a Real Estate Investment Trust (REIT). The new REIT will invest in real estate related securities, whole loan mortgages, bank

Assets Of US ETFs Rose In June By $4.27 Billion

The combined assets of the nation's exchange traded funds (ETFs) were $242.66 billion in June, according to the Investment Company Institute. Assets of all exchange traded funds rose in June by $4.27 billion, or 1.8 percent, to $242.66 billion. Equity