London Pension Funds Authority (LPFA) has reappointed JPMorgan Investor Services (JPMIS) as global custodian for its Ј2.8 billion portfolio for a further three years. JPMIS will also continue to provide investment accounting services and discretionary securities lending activities to the
Fidelity Investments has appointed Dr. Klaus Mцssle as Managing Director of its institutional business in Germany and Austria. Mцssle is expected to join Fidelity in July from Deutsche Asset Management , where he has worked since 1989, after qualifying and
Mellon Global Investments has formed a strategic partnership in Australia with Advance Asset Management Limited to access what the fund manager describes as "one of the fastest growing retail managed funds markets in the world." Advance is the specialist investment
SteelEye Technology, the US based provider of BCP support, has opened an IT support centre serving Central Europe. In partnership with Computer Concept, which is based in Germany, the SteelEye Competence and Support Center aims to provide customers in Central
The merger of Manulife Financial Corporation and John Hancock Financial Services including its Canadian subsidiary, The Maritime Life Assurance Company was completed on Thursday, after receiving all necessary regulatory approvals. John Hancock is now a subsidiary of Manulife Financial. John
Aviva, the UK insurance, life assurance, pensions and fund management business created by the merger of Commercial Union and Norwich Union, is extending its current life and savings distribution partnership in Italy with Banca Popolare Commercio e Industria (BPCI), to
The European Commission has adopted a technical Regulation implementing the Prospectus Directive (see IP 03 1018) and a technical Directive including a second set of measures implementing the Market Abuse Directive (see IP 02 1789). Both of these measures are
Eurex is introducing three new equity options on the MDAX securities Beiersdorf, Hypo Real Estate Holding and Puma on 24 May. The new equity options will be listed in the German shares segment and will feature the appropriate specifications one
TIBCO Software says Net2S (NTS), has embedded TIBCO BusinessWorks in its FIX solution. The Net2S FIX solution aims to reduce the cost of managing FIX based trading with counter parties and venues. "The value of modern integration technology will be
Dresdner Kleinwort Wasserstein (DrKW) has hired three people in hedge fund sales in London, all at director level. Ville Niiranen and Shailen Popat are joining DrKW's Liquid Market Sales Group. Niiranen rejoins the bank, having previously worked within the same