Aviva, the UK life and pensions company formed by the merger of Commercial Union and Norwich Union, has published preliminary results for the 2003. The company reported strong performance in both long term savings and general insurance businesses It says
The combined assets of the nation's exchange traded funds (ETFs) were $155.82 billion in January, according to the Investment Company Institute, the national association of the investment company industry. The Institute's monthly statistical collection also includes the value of shares
The Bank of New York has announced that it has been chosen by Manek Investment Management Limited (Manek), a UK retail fund manager, to provide transfer agency services for the Manek Growth Fund. "We chose The Bank of New York
Deutsche Brse has been voted the "most innovative exchange" for exchange traded funds (ETFs) by market participants as part of International Fund Investment Magazine's second annual European ETF Awards. Deutsche Brse also won awards in two further categories "Largest exchange
Cumberland Building Society, the UK's 21st largest, has announced that it has entered into a distribution relationship with Norwich Union Life for the sale of Norwich Union Life's life, pensions and investment products. Cumberland, whose head office is in Carlisle,
The state of New Jersey is suing Allianz Dresdner Asset Management, alleging that the company defrauded investors by allowing market timing through its US mutual fixed income fund group Pimco. In the civil suit, Attorney General Peter Harvey charged the
Citisoft, the US and UK based specialist investment management consulting firm, says it is offering an Operational Outsourcing Evaluation Service, which it developed to assess the suitability of outsourcing for investment management firms. The service considers the financial and non