Fund Administration

State Street Creates Office of Family Advisor

State Street Global Advisors (SSgA) has created the Office of the Family Advisor, which has been designed to integrate investment planning with investment management, including the identification and monitoring of outside investment managers, trust and custody for high net worth

FT to Laucn FTfm Supplement

The Financial Times is launching a new supplement for the fund management industry on Monday February 4. The new weekly tabloid supplement, called FT fund management (FTfm) will be distributed with the FT, and will be the world's largest circulation

ETFs Jump 5.2% in December

KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different

Morningstar Helps Find Portfolio Risk

KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different

American Stock Exchange Up for Sale

FT reported today that American Stock Exchange (ASE), the exchange with listings of many ETFs (Exchange Traded Funds), is up for sale amid expectations of a wave of consolidation among securities markets in the United States and Europe. According to

ICI Reports Exchange Traded Fund Assets

The combined assets of the nation's exchange traded funds (ETFs) were $82.99 billion at the end of December 2001, according to the Investment Company Institute, the national association of the investment company industry. The Institute's monthly statistical collection also includes

Kinsley Construction Selects SEI Investments

SEI Investments, the global provider of asset management and investment technology solutions, has been awarded a mandate to manage $15 million in defined contribution plan assets for Kinsley Construction. SEI will provide advisory, investment management, administrative and education services. "SEI's