Fund Administration

Who Bought Hemisphere?

An announcement is expected later this week on who bought Hemisphere. So far we know only that it is not their biggest client, Morgan Stanley, who must have baulked at paying a nine digit sum for a firm they more

BISYS Wins ABF Capital Mandate in France

BISYS announced today that it has been selected by Paris based ABF Capital Management to provide a comprehensive array of fund services. This latest agreement once again expands BISYS' growing presence in Europe. BISYS' European operations will support ABF Capital

Morningstar Offers Mutual Fund Rating Prediction Tool

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

Toronto Firm Launches Multi-Strategy Fund

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

Hewitt Plans to Get Morningstar Reports

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

Internal Managers Trump outside Pension Advisors

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

Hemisphere: The Buyer is BISYS

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

BISYS Completes Move to NYSE

Shares in BISYS Group, Inc., a coming force in fund administration on both sides of the Atlantic, began trading on the New York Stock Exchange (NYSE) today. The firm, established in 1989, was previously listed on Nasdaq. "We believe moving