The Netherlands' competition regulator is considering launching an investigation into why Dutch financial services companies pay brokers fees to promote their insurance policies to consumers. In a move that may lead to a probe similar to New York Attorney General
US stock and bond funds experienced net inflows of $13.9 billion in October. Domestic Equity funds led the way with net inflows of $8.1 billion, followed by International Global with a $7.7 billion intake. American Funds topped all complexes with
The NASD has censured and fined 29 securities firms a total of $9.22 million for failing to properly disclose disciplinary and other information about their brokers more than 8,300 times. The $9.2 million in fines is the most the regulator
Schneider Capital Management limited (SCM) is hosting a seminar for start up managers on Tuesday 7th December. This event is targeted at prospective hedge fund managers that wish to learn more about the process of capital raising from the perspective
Accenture has been selected to manage Lincoln Financial Group's procurement function in a five year contract aimed at helping Lincoln reduce the cost of purchased goods and services. Under the agreement, Accenture will manage a full suite of procure to
State Street Global Advisors is sponsoring the MIT Sloan School of Management's Laboratory for Financial Engineering (LFE). As part of its sponsorship, SSGA will support research in financial engineering and next generation investment models. This research includes new areas such
The Pensions Regulator will replace Opra as the regulatory body for work based pension schemes in April 2005. One of the new Regulator's functions will be to issue codes of practice for the pensions community. These will provide practical guidance
The broad based recovery in the global economy and a generally favorable interest rate environment are creating opportunities for US based real estate investors interested in the Asian markets. In a report issued by ING Real Estate notes that the
Two hundred new jobs are being created in Norwich Union's call centre in Perth. The increase will almost triple the number of staff at the Pitheavlis call centre which deals with customers who have taken out insurance through the insurer's
Old Mutual Asset Managers, The Standard Bank of South Africa and The Bank of New York announced today that they are entering into exclusive negotiations to establish a new South African based joint venture investment administration company. The three partners