Dimensional Fund Advisors, the US asset management firm led in Europe by David Salisbury the former CEO of Schroders Asset Management is set to market a range of unit trusts to UK IFAs. Salisbury sees Dimensional's low risk, value added
BISYS announced today First Financial Bancorp and its affiliate, First National Bank of Southwestern Ohio, had chosen the firm to support the bank's entrance into the mutual fund industry. BISYS will support The Legacy Funds, the bank's three new proprietary
BISYS today announced its acquisition of Harrison James Group, LLC, a national insurance brokerage firm specializing in the wholesale distribution of traditional and variable life insurance, and annuities. This acquisition supports BISYS' strategy to expand its presence and potential in
The Bank of New York announced today that it has been appointed by Skandia MultiManager Funds to provide administration, accounting and transfer agency services. This is BNY's second major mandate announcement in almost as many months following the Barclays Global
Clearstream Banking announced today that three major mutual fund mangers had signed up to use Vestima, its mutual fund processing solution. Aberdeen Luxembourg, Dresdner Bnak Luxembourg and Alliance Capital Management join Schroder. They join other major new Vestima users including
Deutsche Brse AG is continuing to expand its XTF Exchange Traded Funds segment. The first fixed interest exchange traded fund has been trading in XTF since Friday. The Xavex SICAV Dynamic Bond Portfolio Fund is available with automatic dividend reinvestment
SEI Investments today introduced e.Boardroom, a new solution for the e administration of mutual fund board materials. e.Boardroom was unveiled at the General Membership Meeting of the Investment Company Institute in Washington D.C. e.Boardroom is an Internet based solution which
Manchester Business School, in partnership with IFM and in association with Central Law Training, the Society of Trust and Estate Practitioners and the International Trust Companies Association, has launched a specialist MBA course for wealth managers, fiduciaries and trustees. IFM,
Forum Financial Group, the Portland, Maine based service provider for mutual funds, hedge funds and other pooled investment vehicles, has recently added new funds to its client relationship with Wells Fargo Institutional Trust. Forum will be servicing two new funds,
BISYS, the fund administration outsourcing provider, announced today that it had acquired New York based DML Fund Services Group, a provider of accounting, administration, advisory, and tax services to the private equity sector. "This acquisition supports BISYS' strategy to provide