Fund Administration

Misys Ponders Entry Into Mutual Fund Distribution

Misys yes, Misys, not BISYS has appointed Lexicon Partners and Dresdner Kleinwort Wasserstein to advise it on the business opportunities in mutual fund distribution in the United Kingdom. The systems provider, whose attempts in recent years to transform insurance product

Putnam Investments Reorganises Its Fund Offerings

SimCorp joins Omgeo STP Partner Program Omgeo, the DTCC Thomson virtual matching utility, has signed up Simco as one of the "partner" vendors it hopes will help it tie more fund managers, broker dealers and custodians into its solution than

Vanguard To Add Two New Funds

SimCorp joins Omgeo STP Partner Program Omgeo, the DTCC Thomson virtual matching utility, has signed up Simco as one of the "partner" vendors it hopes will help it tie more fund managers, broker dealers and custodians into its solution than

Canadian Mutual Fund Sales On Rise

SimCorp joins Omgeo STP Partner Program Omgeo, the DTCC Thomson virtual matching utility, has signed up Simco as one of the "partner" vendors it hopes will help it tie more fund managers, broker dealers and custodians into its solution than

ING Direct To Distribute Mutual Funds

ING Direct plans to add mutual funds to its product range. The bricks and clicks direct distribution arm of the eponymous Dutch financial group claims to have recruited over 3 million customers and Euro 30 billion in assets already. The

Butte Quits Bear Stearns for CSFB

Credit Suisse First Boston (CSFB) announced today that Amy Butte, formerly a senior managing director at Bear Stearns, will join the Firm as Chief Strategist and Chief Financial Officer for the Firm's Financial Services Division, which includes Credit Suisse Asset

Cerulli Says GPFs are Best Way into Italian Market

Cerulli Associates, the mutual fund consultancy, says gestioni patrimoniali in fondi (GPFs)are the fastest route into mutual fund distribution and sales in Italy for non Italian fund managers. GPFs discretionary portfolio services combining asset allocation in mutual funds with an