New Jersey based Derivatives Portfolio Management LLC (DPM), an onshore offshore alternative investment administration firm specialising in derivatives risk analysis and measurement, has formed DPM Europe Ltd and opened an office in London. "As hedge funds and other alternative investments
The president of the Washington based mutual fund trade group, the Investment Company Institute, today issued a statement on the Securities and Exchange Commission's proposal to require mutual funds to establish internal compliance systems to ensure that all mutual funds
Northern Trust announced today it will deliver fund administration, transfer agency and custody services to the Insight Liquidity Fund, which was launched this month. Insight Investment Management Limited is the asset manager of HBOS plc. "We conducted an initial review
Brown Brothers Harriman (BBH) today announced the hiring of Stephanie De Sisto as Senior Vice President in charge of fund accounting and fund administration in Boston. "We are thrilled to have Stephanie join the BBH team. She has been in
BISYS announced today that it has established a strategic alliance with the UK based professional education group, BPP Professional Education (BPP). The alliance aims to expand BISYS's training programmes to include the Chartered Financial Analyst (CFA) qualification, by incorporating raining
The Investment Company Institute (ICI), the Washington based trade association for the US mutual fund industry, today declared that it supports many of the proxy voting proposals that the SEC adopted today. However, added the ICI, "a critical part of
Investia, the UK based provider of mutual fund processing solutions whose technology underpins the FundsHub distribution platform offered to mutual fund houses by JP Morgan, announced today that it had released an upgraded version of its Javelin technology. The company
FTSE Xinhua Index, the China index provider, announced today that Barclays Global Investors (BGI) has filed a prospectus with the Securities and Exchange Commission to add the iShares FTSE Xinhua Hong Kong China 25 Index Fund to its international exchange
The growing interest in the United States on the expense ratios of mutual funds, which has now spread to Capitol Hill, could be one of those bear market induced changes which survives into the upturn not least because fund managers
The London based Institutional Money Market Funds Association (IMMFA) announced today that Standard Life Investments had joined the association. IMMFA now has 26 members, as follows ABN AMRO Asset Management (Fixed Income) LimitedAIM GlobalAon Advisors (UK) LimitedBank of AmericaBarclays Global