For a third consecutive year, SEI Investments Company has been named to Fortune Magazine's list of the "100 Best Companies to Work For" in America. The list, which appears in the magazine's January 20, 2003 issue, shows SEI with a
UpTick Data Technologies, a provider of personalized investment reporting to fund managers and investment advisers in the United States, announced today that it is making its monthly US mutual fund market commentary report available at no cost to investment professionals.
The value of the assets held by mutual funds around the world declined by 7.9 per cent in the third quarter of 2002 to $10.65 trillion says the Washington based Investment Company Institute (ICI). The third quarter decline in worldwide
The SEC and the NASD have stepped up their joint campaign to ensure that US investors are charged the correct sales loads on their mutual fund transactions. They are now seeking reports from all NASD member firms on the adequacy
Tension between US regulators and fund managers increased today with the launch by the Securities and Exchange Commission (SEC) and the National Association of Securities Dealers (NASD) of an "action plan" to investigate possible overcharging on mutual fund sales. On
Fidelity Investments Chairman Edward Johnson III and Vanguard Group Chairman John Brennan said in a jointly signed article in the Wall Street Journal today that a Securities and Exchange Commission proposal to require mutual funds to disclose how they vote
BISYS announced today that it has been selected by Ohio based National City Corporation to support the firm's balance forward retirement plans, which are retirement plans that are not valued on a daily basis. BISYS will support approximately 150 balance
State Street announced today that Swiss Life Asset Management (SLAM) Belgium, the Belgian unit of Swiss Life Asset Management, will outsource investment operations to the Boston based bank. SLAM manages equities, fixed income and money market assets for institutional clients
SunGard announced today it has established a link between its Investar ONE mutual fund recordkeeping system and AdvisorCentral, an Internet portal for financial advisors. The new link to AdvisorCentral allows users to access client account information for more than 200
BISYS announced today that London based Liontrust Asset Management PLC has outsourced the administration of its PEP and ISA products to the firm, after a formal review of the alternatives. "After reviewing competitive alternatives, we selected BISYS as the provider