The UK Charity Commission has authorised the establishment of a new Common Investment Fund for charities to be managed by Cazenove Investment Fund Management Limited under advice from Fauchier Partners. This CIF will invest in a diversified portfolio of around
FXall, the foreign exchange trading platform, today announced the launch of a web based tool tailored for the Swiss food and beverage group Nestl SA, connecting over 200 users in 100 locations around the world. Now members of Nestl's group
Swiss American Securities Inc., the New York brokerage, clearing and custody arm of the Credit Suisse Group, has struck a deal with Visual Trader Systems, the technology subsidiary of the Madrid Stock Exchange, to implement an open messaging gateway between
Investment Company Institute President Matthew P. Fink today welcomed the House and Senate conferees agreement on comprehensive corporate reform measures. "Congressional conferees took a meaningful step today to improve the accuracy of the financial reporting system that is essential to
ABN AMRO and Mellon have convened a press conference in London this afternoon at which they are expected to announce the reinforcement of their longstanding custody joint venture through the formation of a 50 50 joint venture company, to be
JPMorgan Investor Services announced today that it had devised a solution to the reference data problem which accounts for so many failed trades, and low rtaes of STP. It has built a global repository of reference data which JP Morgan
After living for years with competition inspired rumours that their relationship was rocky, chiefly because it was palpably short of commitment, ABN Amro and Mellon today confirmed that they had agreed to formalise their global custody marketing alliance by creating
Anyone still tempted to think that the managers of user owned industry utilities are different from the rest of us and inspired by nothing but an ethic of public service should read paragraph 4 of Part VI of the offer
Baring Asset Management (BAM) says it is adopting the Reech RiskHedge system for the Baring Hedge Select Fund to improve the transparency of investment portfolios within their fund of hedge funds. "Trustees prefer the funds of funds route when investing
Algorithmics Incorporated, a world leader in credit risk management solutions, announced today it has expanded its world class Algo Credit solutions team with the appointment of Mark van den Akker as Solution Sales Specialist responsible for Algo Credit risk sales