Fortis Bank Information Banking has launched a corporate actions instructions tool, called GCA Web. The banks says the tool is linked to its global corporate actions system, and enables clients to instruct and validate corporate actions, monitor the processing of
Citigroup has formed a Global Transition Management business to service institutional investors restructuring their investment portfolios. "With the launch of this business, we have created a global platform to serve the institutional investor community leveraging the full breadth of Citigroup's
New York based PV Capital has launched an Aggressive Macro Fund. It trades the same strategy as the current Macro Fund, but with a mathematical doubling of the position size, and thus a doubling of the leverage employed. The firm
Northern Trust has reached an agreement with Institutional Shareholder Services (ISS) to by which clients can access corporate governance data on 7,500 global companies via Northern Trust Global Investor Passport. "By offering our clients ISS corporate governance data, we are
The Principal Financial Group says its Asian arm has acquired Hong Kong based Dao Heng Fund Management Limited (DHFM) from Guoco Group for an undisclosed sum. DHFM, a wholly owned subsidiary of Guoco, was incorporated in 1981. It services includes
Brown Brothers Harriman (BBH) has hired Daniel J. Genoud as Managing Director of its Zurich office. He succeeds Nicolas Wyss and Rolf Scheidegger, both of whom will be retiring from the firm after more than thirty years service. Both men
Investment Company Institute (ICI) President Matthew Fink has described the legislation proposed by members of the US Senate Governmental Affairs Committee as likely to "seriously jeopardize the interests of current and future mutual fund investors." "Though we have not yet
Eurex US, the new all electronic US futures exchange, traded 39,441 contracts in US Treasury futures on its first trading day. The future on the 10 year Treasury Note was the most actively traded contract, with 25,472 contracts traded. Chicago
Fimat Group, the brokerage arm of Sociètè Gènèrale, has decided to consolidate its hedge fund services under a single brand Alternative Investment Solutions (AIS) "By leveraging the expertise of our alternative investment services available throughout the Group into a single
IR Global has launched a service that it says will help listed companies manage their relationships with international institutional shareholders more effectively. Companies that subscribe to the new service which is called Talon will enjoy online access to a global