Fund Administration

F&C Consolidates Transfer Agency Services With IFDS

International Financial Data Services (IFDS), the international transfer agency joint venture between State Street and DST, has completed the consolidation and fund merger program for the open ended fund transfer agency activities of F&C Asset Management (F&C). F&C has consolidated

Happy Birthday To You! MidCap SPDR Turns 10

The American Stock Exchange is celebrating the 10 year anniversary of the popular exchange traded fund, the MidCap SPDR Standard & Poor's MidCap 400 Depositary Receipts. Since its launch on the Amex in 1995, the MidCap SPDR has seen assets

CVC Closes Asia Pacific Fund At $1.975 Billion

CVC Capital Partners has raised US$ 1.975 billion from a range of international institutional investors and high net worth individuals to fund investments in companies based in the most developed economies of the Asia Pacific region. This is the second

Superfund Taps PFPC For Alternative Fund Services

PFPC Worldwide Inc has been selected to provide alternative investment services to Superfund Capital Management, Inc.'s managed futures fund, the Quadriga Superfund, L.P. Series A and Series B. Under the terms of the contract, PFPC will deliver investor services, including

GlobeOp To Implement Reuters Trade Access

GlobeOp Financial Services, a provider of fund administration and related support services for hedge funds, fund of funds, and high net worth family wealth offices, signed a multi year contract to implement Reuters Trade Access to service GlobeOp's hedge fund

Credit Agricole Launches Night Shift Process

The first Crdit Agricole Investor Services and Fastnet night shift process was launched on to ensure full coverage of all time zones. An accounting team has been set up within Fastnet Luxembourg to provide this new service which essentially enables

Walkers Handles More Than $5 Billion In Q1

Walkers has reported that during the first quarter of 2005 the firm participated in more than $5 billion of private equity deals. Key deals for the private equity group during the first three months of the year included the spin

Fidelity Announces Record Q1

Fidelity National Financial, Inc. and its Fidelity Information Services division announced a record year in 2004 and first quarter of 2005, based on contracts and system investments. Fidelity announced several contract renewals with established clients, including BancWest, Citizens, and Comerica,