KPMG says many UK insurance companies will struggle to calculate their group solvency margin, as required by the new Supplementary Supervision on Insurance Undertakings in a Group (IGD) directive issued by the Financial Services Authority (FSA). Hitesh Patel, partner in
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 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
ABN AMRO and Lnsfrskringar (LF Insurance Group) have signed an agreement to cooperate in asset management. As from June 2002, ABN AMRO Asset Management will provide day to day management for a majority of the investment assets of the LF
State Street Corporation and Scottish Widows Investment Partnership (SWIP) announced that State Street completed the transfer and integration of Scottish Widows' investment administration operations in the fourth quarter of 2001, including 816 funds comprising life and pension funds and unit
BNP Paribas Asset Management today launches Parvest World Financials, a new sector focused sub fund of the Luxembourg based Parvest fund designed to enable investors to take advantage of opportunities arising from global trends in the financial sector by investing
Aqera's Business Review System (BRS), the first commercially available online system designed to help stamp out the mis selling of financial products, has passed a series of rigorous, independent tests by experienced compliance professionals. The tests, organised by The Young
Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations staff
Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations staff
Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations staff