Brown Brothers Harriman is to be custodian to Janus International's Janus World Funds, Janus Selection Funds and Janus PPF (Cayman). BBH will be responsible for $5.1 billion of assets, managed in 26 separate Janus funds. "We are delighted that Janus
If anybody doubted that the managed accounts business was about to take off, those doubts evaporated with the news today that the acquisitive and ambitious fund administrator BISYS is looking to get into the market. BISYS Fund Services has created
The Investment Management Association (IMA) has called on the UK regulator, the Financial Services Authority (FSA) to re think the way it proposes to implement two key parts of the EU UCITS Management Company Directive the City trade association made
BISYS says it expects to earn less than expected in the first half of 2003. For the fiscal quarter ending March 31, BISYS anticipates reporting earnings per diluted share of $0.27, one cent lower than its previous guidance, and equal
Bank of Bermuda says it has hired Harvey Twomey as Director of Sales, Global Fund Services (GFS) . Based in London, Twomey will focus on growing the alternative asset client base in the UK and rest of Europe. He will
The Gillette Company has appointed the Bank of New York (BNY) to act as transfer, dividend disbursement and reinvestment plan agent. "With more than 44,000 shareholders, 20,500 of which are enrolled in its dividend reinvestment and direct purchase plans, Gillette
Barclays Global Investors (BGI) has appointed Gerrit Van Gorp to the newly created role of Head of Fixed Income Business Development within its European Individual Investor Business (EIIB) group. Van Gorp will report to John Demaine, Head of EIIB. He
International Financial Data Services (IFDS), the international fund administration and transfer agency joint venture between State Street and DST Systems, announced today that it has appointed Simon Hudson Lund as managing director of Administration Services, in which capacity he will
Derivatives Portfolio Management, L.L.C. (DPM), the hedge fund administration firm, announced today that Catherine S. Banat had joined the firm as Executive Vice President. Banat will manage the sales group, build a client service team and spearhead business development. Banat