Gibraltar based Helvetic Fund Administration has bought the ICON fund accounting platform from Linedata Services. Established in Gibraltar in 1998, Helvetic Fund provides third party mutual fund administration and accounting services to 45 offshore funds with a total asset value
The Japanese Ministry of Finance has published the outcome of the auction of the first series of index linked JGBs. The bonds, which have a ten year tenor (they are due 10 March 2014) carry a nominal coupon of 1.2
Broadstone Capital Group has completed its acquisition of Harvest Global Asset Management, a Dublin based active investment manager which has a significant Life and Pensions business. Founded in 1992, Harvest has over Euros 150 million under management. The Irish Financial
Brown Shipley, the private banking, investment management and pensions group, has appointed Lady Harding and David Rough as non executive directors. Anne Harding is chief executive of the Agenda Group and was a director of London First Global Network. David
New York Attorney General Eliot Spitzer is preparing to sue former New York Stock Exchange chairman Dick Grasso and the NYSE board which approved Grasso's controversial pay package, according to a report in the Wall Street Journal. The story, citing
DST International (DSTi) says that John Booth is retiring as its Managing Director for Asia. Under his direction, DSTi is Asian operations grew from a small office in Singapore to its current five offices in China, Hong Kong, the Philippines,
According to an IDC survey carried out in December 2003 on Western European banks, investment will focus on risk management, accounting, and reporting as a consequence of the major changes in accounting standards and the expected adoption of the new
Trading Technologies International, Inc. (TT) and Eurex today announced that TT, in conjunction with Eurex, will offer a free 90 day trial of TT's X_TRADER front end software to new TT customers in continental Europe. This offer will provide traders
The Kuala Lumpur Stock Exchange is to introduce a new trading platform by the end of 2004, as part of its efforts to upgrade its trading and settlement systems. The new trading platform will cover equities as well as derivatives,