Abdallah Nauphal, chief investment officer at Insight Investment, said that investment assets should be benchmarked against the future liabilities faced by pension funds. Nauphal laid out his vision for the future of investment management and Insight's approach to liability driven
Vega Asset Management says that Julian Barrowcliffe has joined the firm's New York office as a Managing Director. In this role, he will manage a new commodities trading fund for the firm. "Julian is widely recognized as one of the
Mellon European Fund Services, the fund administration arm of Mellon in Europe, has bought from fund accounting software firm Global Investment Services (GIS) its MSHARE application. This will be the platform for its offshore transfer agency business. MSHARE will provide
The Bank of New York has enhanced its American depositary receipt (ADR) conversion platform, ADR Direct. The bank says it is now the only product to offer electronic trading and real time ADR conversions. The upgrade was launched by G
Sterling Commerce says credit insurer Euler Hermes has bought its business process integration platform, Sterling Integrator. Sterling Integrator will initially be deployed to link Euler Hermes' IT systems with those of its third party information providers, which include Experian and
FXall, the electronic foreign exchange trading, platform has been ranked the number one multibank portal in the Euromoney forex poll for the third year in a row. For the first time the poll measured portals by volumes as well as
Eagle Investment Systems Corp. said that McDonnell Investment Management has gone live with its Eagle STAR(r), a Web based, global investment accounting solution. With more than $7 billion in assets under management, McDonnell has fully deployed Eagle STAR as its
Deutsche Brse closed Q1 with record results in terms of both revenues and earnings. At €379.1 million, revenues were up by around 8 per cent year on year (Q1 2003 €350.5 million) with net interest income from banking business contributing
BISYS says it has expanded its relationship with Morgan Stanley. In addition to supporting Individual(k) plans offered by Morgan Stanley, BISYS will now support the 401(k) plans Morgan Stanley's financial advisors sell with prototype plan design and maintenance, plan administration,
BISYS says New York based Manning & Napier Advisors has renewed its mutual fund administration outsourcing contract with the company. BISYS provides Manning & Napier Advisors' mutual funds Exeter Fund, Inc. and the Exeter Trust Company Collective Investment Funds with