Big Companies Choosing Hybrid Pension Plans, Says Watson Wyatt The shift to so called hybrid pension plans by larger employers appears to be slowing and perhaps responding to different motivations, according to new analysis from Watson Wyatt Worldwide.A third of
Big Companies Choosing Hybrid Pension Plans, Says Watson Wyatt The shift to so called hybrid pension plans by larger employers appears to be slowing and perhaps responding to different motivations, according to new analysis from Watson Wyatt Worldwide.A third of
British e banks are improving, according to their own customers. There has been a significant drop in the number of people telling the research agency Virtual Surveys that they have had problems with their online bank accounts. However, the latest
BISYS announced today that The Bear Stearns Funds, the family of mutual funds advised by New York based Bear Stearns Asset Management Inc., has selected the firm to provide fund administration and accounting services for all of its mutual funds.
BNP Paribas subsidiary Cortal today signed an agreement with SchmidtBank, majority shareholder of Consors, to acquire SchmidtBank's 66.43% equity interest in Consors for EUR 287 million. A public offer will be made to purchase the remaining equity interests in Consors.
Following the departure of Aaliain Guerard to Bank of Bermuda in Luxembourg, Fortis Fund Services has Stephan Roes. He worked previously in Curacao and New York for other fund administration companies. He will focus on business development in Europe, and
Pre tax profits at Amvescap, the Anglo American fund manager which owns the AIM and Invesco brands, were down by 28 per cent in the first quarter to 97.5 million ($139.4 million). Executive chairman Charles W. Brady blamed "sluggish" markets.
Bank of Bermuda today announces the appointment of Alain Guerard as Director of Sales, Global Fund Services, Luxembourg effective July 1, 2002. Alain will concentrate on sales within Continental Europe with a particular focus on the continuing growth of our
Managed account programs, a US phenomenon now seen as the ideal investment vehicles for mass affluent markets around the world, are set to grow outside the United States at a compound annual rate of 25 per cent to garner assets
Alain Guerard, director of business development for Europe at Fortis Fund Services in London, has left the Benelux bank to join a competitor. His new berth is not yet known.