Societe Generale Fund Administration Subsidiary Euro-VL Opens In Dublin And Luxembourg
Euro-VL, the French fund administration business acquired by Societe Generale in 2001, is expanding its operations to Luxembourg and Dublin.
Fund Administration
Van Global Hedge Fund Index gains 0.9% net in July
The Van Global Hedge Fund Index rose 0.9% net of fees last month, according to Van Hedge Fund Advisors International, Inc. (VAN), a leading hedge fund advisory firm. The Index has earned 9.0% net for the year to date. The
Principal Funds Extend Transfer Agency Contract With PFPC
PFPC says that the Principal Management Corporation has extended its agreement with PFPC for remote transfer agency services for Principal Mutual Funds. PFPC has provided remote transfer agency services for Principal Mutual Funds since 1995. Total assets serviced for Principal
BNP Paribas Wins Mandate From CM Capital Markets Fund Supermarket In Spain
BNP Paribas Securities Services says its Madrid operation has been chosen to support CM Capital Markets Bolsa, a Spanish IFA poised to launch an electronic fund distribution platform or fund supermarket. The new platform will provide access to more than
Eaton Vance Renews And Extends Transfer Agency Contract With PFPC
PFPC says the Eaton Vance Funds have renewed their existing agreement with PFPC to provide transfer agency services for retail mutual fund shareholders. Total assets serviced by PFPC for the Eaton Vance Funds are approximately $27 billion, representing over one
BISYS Wins Pension Administration Mandate From Bank Of Hawaii
BISYS says it has been selected to support the Bank of Hawaii and its balance forward retirement plans with administrative and recordkeeping services. BISYS will service approximately 170 balance forward plans and their more than 2,500 plan participants with contribution
DTCC Responds To 'Breakpoints' Controversy By Revamping Fund/SERV
The Depository Trust & Clearing Corporation (DTCC) is modifying its Fund SERV mutual fund order routing network to take account of the recommendations of the NASD Industry Task Force on "breakpoints" in mutual fund sales. "We are committed to working
BISYS Profits Down In Q4 and Year As a Whole
BISYS reported net income of $33.8 million in the fourth quarter on revenue of $253.2 million, 9.4 per cent down on revenue 6 per cent up from $238.7 million on the same period last year. In the year ended 30
UK Consumers Are Beginning To Like Their Online Banks, Says Survey
Online bank customers in the UK rate their bank more highly than they did a year ago. That is the conclusion drawn from the latest results from the Virtual Surveys' Online Banking Survey (V OBS). Results from the second quarter
CFOs And Treasurers Love The ABN AMRO Money Market Fund, Says ABN Amro
In the first six months of this year the ABN AMRO Global Liquidity Fund grew by more than Euros 1 billion, taking it to Euros 3.2 billion. The Institutional Money Market Funds Association (IMMFA), of which ABN AMRO was a