News

Bank of New York Launches New Web Site

The Bank of New York today announced the launch of its new public website for the institutional investor community, ii.bnyinform.com. The website enhances clients' access to the latest information and developments on INFORM, the Bank's industry leading, Internet based information

Man Group Raises $670 Million Fund

Man Group announced today that its most recent global launch, Man IP 220 Series 4 Ltd ("Series 4") has raised over $670 million of client money. It says this is a record for a single product offering. The original Man

State Street Expands Relationship With Alberta Revenue

State Street announced today that it has been appointed by Alberta Revenue to provide domestic custody and securities lending for an additional CAD $22 billion in assets. With the expanded relationship, which was awarded following an extensive review process, State

BBH Calls The End Of The Bear Market

Brown Brothers Harriman (BBH) Equity Brokerage Division announced today it has upgraded its equity market intermediate term (six month) rating to "Strongly Bullish" from "Moderately Bullish", pointing to a variety of fundamental and technical indicators that suggest that a new

Omgeo Hires Financial Fusion's Kathy Ball-Toncic

Omgeo has hired Kathy Ball Toncic as executive director, global STP partners programme. Ball Toncic will report to Dave Merrill, managing director of global operations. In her new role, Ball Toncic will focus on ensuring global alignment and effectiveness of

Computershare Moves Into Investor Relations With Swedish CSD

Computershare announced today that its Analytics division is working with VPC AB to provide investor relations services to Swedish public companies. The process will start with an initial period of client testing to determine client requirements and market demand. After

Northern Trust Confirms Highland Council Win

Northern Trust has formally announced that it has been appointed global custodian to Highland Council Pension Fund's two balanced mandate portfolios, representing 394.3 million in assets. The transition dates back to July this year. The appointment followed a formal search.