The Vienna Stock Exchange (Wiener Brse) has launched a new market segment for structured products. "The change in the market segmentation was motivated by the growing interest in structured products, especially in certificates," says a spokeswoman for Erste Bank in
Finavera Renewables Limited, a private Irish company dedicated to the development of renewable energy resources and technologies in Europe, today announced the launch of a new round of capital raising. Finavera is building a portfolio of renewable energy assets in
Standard Life Investments, the global fund manager, has appointed The Bank of New York as its preferred service provider for a range of mutual fund administration services. This decision follows the announcement on April 20, 2005, that Standard Life Investments
Brown Shipley Solus fund range has gone live with IFDS' transfer agency services. Administration of the Brown Shipley Solus range of funds will operate on an outsourced basis with IFDS providing a wide range of investor, advisor and distributor services
Custom House Administration & Corporate Services Limited, a hedge fund administrator, has appointed Chicago Administration Services as its US representative office based in Chicago. The new office is the first US presence for Custom House and will service Custom House's
BISYS has been selected by Denver, Colorado based ICON Advisers, Inc., to provide a full service mutual fund servicing solution. ICON Advisers, Inc., is a valuation based asset management firm with approximately $3.6 billion in assets under management. BISYS will
Financial Research Corporation (FRC) has released a study on the development and delivery of retirement income products and services, which addresses the need for retirement income planning, the competitive forces at work in the financial services industry, organizational challenges associated
Allianz Global Investors, the asset management arm of Allianz Group has reported first quarter 2005 business results. Highlights of the report included strong net inflows into third party funds in Q1 2005 of €17 billion (Q1 2004 €7.5 billion) operating
JPMorgan Worldwide Securities Services (JPMWSS) announced that is has been appointed to act as fund accounting agent for Aviva Funds Services (AFS), the Luxembourg administration company of Morley Fund Management (Morley). This latest deal follows the move last year by
Deutsche Brse has provided a commodity index ETF for trading in XTF. EasyETF GSCI, which tracks the Goldman Sachs Commodity Index, is issued by AXA Investment Managers (AXA IM) and BNP Paribas. Goldman Sachs will act as designated sponsor. "Deutsche