Fund Administration

Investor AB Funds New Asset Management Firm

Investor AB will be allocating capital for management in a new company that is being formed by Sven Nyman, Executive Vice President of Investor AB. As of this fall, Sven Nyman will start his own asset management business outside the

American Express Unveils Two Funds

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

Banc One Renews Outsourcing Contract with SEI

SEI Investments, the global provider of asset management and investment technology solutions, announced it has renewed a long term contract with Banc One Investment Management Group, the investment arm of Bank One Corporation and one of the nation's leading providers

Real Assets Unveils Fund for Social Leaders

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

McM Funds Renamed McMorgan Funds

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

EMX Introduces Settlement Service for UK Mutual Funds

EMX, the purchase, sales and valuations system for investment funds developed on behalf of the UK fund management industry, is to introduce new settlement capabilities for mutual fund industry. EMX will roll out enhancements through the course of 2002, with

Bank of New York Wins Axa Mandate in Belgium

The Bank of New York announced that it is to provide services to its first Belgium domiciled mutual fund client, AXA B Fund. Services that will be provided to the fund initially include fiduciary, portfolio compliance, monitoring and custody. The

Cerulli Sees Global Investment Assets Stagnate

The fat years of rising asset values and soaring ad valorem fees for custodian banks are over, according to a Cerulli Associates report on the state of the global asset management industry in the second half of last year. The