SGAM will double its retail fund range at the end of May, following the conversion of its range of unit trusts to open ended investment companies (OEICs) over the weekend of the May 22 to 23, a spokesman for SGAM
INVESCO Real Estate Limited ("INVESCO") and ORCO Property Group ("ORCO") announce the establishment of the ENDURANCE Real Estate Fund for Central Europe (the "Fund") in Luxembourg. The Fund is focusing on a "Core Plus" strategy of acquisition, development, refurbishment and
A group of leading independent mutual fund directors from a wide spectrum of funds have joined together to form the Independent Directors Council. The objectives of the Council will be to enhance fund directors' participation in the development of public
Deutsche Asset Management (DeAM) has announced the launch of the Deutsche GlobalSpectrum Common Contractual Fund (GlobalSpectrum CCF), the first fund enabling UK institutions investing in US equities to benefit from both the lower costs of a pooled fund and the
Dharma Holdings S.A., the Luxembourg based holding company, has launched a new portfolio and fund management firm Europenne de Gestion Prive (EGP) with its main office in Bordeaux and branches in Toulouse and Rome. EGP is authorized by the Autorit
State Street said it will provide fund administration and investment operations services for EUR 75 billion of assets for ABN AMRO Asset Management in Europe. State Street will provide fund administration and investment operation services for ABN AMRO Asset Management
Insight Investment said it supports the Financial Security Assurance's policy, entitled CP176, to limit the scope for sorting and bundling to execution services and investment research. Alan Denholm, deputy chief investment officer at Insight said, "We fully support the proposals
Washington, May 10, 2004 The Investment Company Institute today expressed strong support for the SEC's proposed amendment to Rule 12b 1 to prohibit mutual funds from paying for distribution of their fund shares with brokerage commissions. In December 2003, the
BNP Paribas Securities Services has been appointed as the sole service provider for RAB Capital's newly established Dublin domiciled fund. The BNP Paribas operation in Dublin will provide fund administration, transfer agency, trustee and global custody services to the fund,
First European Transfer Agent (FETA), a 100% owned subsidiary of Dexia Banque Internationale Luxembourg (Dexia BIL), now owns nearly a 50% market share of transfer agency activities, making it the Luxembourg market leader, a spokesman for the company said. With