BNP Paribas Asset Management has launched two new management concepts Parvest European Bond Opportunities and Parvest Europe Opportunities. These funds, invested in European bonds and equities respectively, will seek out the best investment opportunities, irrespective of indexes andmanagement styles. Each
BISYS has launched a Web based retirement tool called Retirement Central. This suite of retirement related resources aims to support the asset generation and retention strategies of financial services organizations by enhancing their existing Web sites with retirement planning tools
ADP Brokerage Services Group announced today that the New York office of investment bank Dresdner Kleinwort Wasserstein (DrKW) has signed a multi year agreement to continue outsourcing the back office processing of its securities transactions via ADP Brokerage Processing Services
Northern Trust announced today that Samford University had selected the bank to provide global custody services for their $200 million in endowment funds. In addition to custody, Northern will also provide risk and performance and commission recapture services. "We selected
SunGard announced today that Yamner & Co., Inc., the New Jersey based institutional agency sell side broker dealer, has selected the SunGard FIX Engine to deliver improved efficiencies for real time execution and settlement information via the FIX protocol. Yamner
Eurex today launched 27 new options as well as the related LEPOs (low price equity options) on French equities. It means Eurex now offers nearly all of the equities in the CAC 40 French benchmark index as options on the
Morgan Stanley has published its latest review of activity in the Exchange Traded Funds (ETFs) markets around the world. It covers the first two months of 2003. The key findings are Average daily trading volume in ETFs has increased significantly
The Gordon House Optimal Fund says it ended February flat, compared to European stock markets which on the whole closed down the DJ Stoxx Pan Europe Index ended 3.2% and the Dow Jones 3.7%. Uncertainty over the outbreak of war