| London 12 May 08 | JUPITER LAUNCHES STRATEGIC BOND FUND |
Jupiter is to launch the Jupiter Strategic Bond Fund, which has a 7% target yield, on 2 June 2008.
|
| London 12 May 08 | STATE STREET: FOUR NEW LONDON APPOINTMENTS |
State Street Global Advisors (SSgA) has announced four new appointments across its relationship, sales and investment teams in London.
|
| London 12 May 08 | CHINESE GROWTH POWERS RUSSIAN ECONOMY |
Baring Asset Management (Barings) believes that the Chinese urbanisation and infrastructure boom is powering growth in the Russian economy and that its demand for Russia’s substantial commodity base, both domestic and overseas, is set to continue.
|
| London 9 May 08 | SECOND CREDIT SUISSE MULTI ASSET FUND |
The FSA has given the go-ahead for a new Credit Suisse Multi-Manager Multi Asset Growth Fund, with a proposed launch in early June.
|
| London 9 May 08 | FTSE/MONDO VISIONE EXCHANGES INDEX UP 2.2 % |
The FTSE/ Mondo Visione Exchanges Index, which tracks the share prices of 19 publicly-listed exchanges and trading platforms, increased by 2.2 % in April – the first rise in 4 months.
|
| Brussels 9 May 08 | EUROCLEAR INCENTIVES FOR FULL AUTOMATION |
Euroclear has announced a new FundSettle initiative to encourage fund distributors still processing fund transactions manually to automate and standardise their back-office practices.
|
| London 8 May 08 | PHOENIX MERGE FUND SERVICES |
Phoenix Administration Services Limited, Phoenix Financial Services Limited and Phoenix Fund Services (UK) Limited have combined forces to service the increasing number of UK based managers running offshore traditional hedge funds alongside their UK onshore platforms.
|
| Toronto 8 May 08 | OMGEO BUILDS MOMENTUM IN CANADA |
Omgeo, the provider of post-execution trade management services, has announced that Connor, Clark & Lunn Financial Group (CC&L), a multi-boutique asset management firm, has signed on to Omgeo Central Trade Manager (Omgeo CTM).
|
 |
| CUSTODY, CLEARING, SETTLEMENT |
| Toronto 8 May 08 | OMGEO BUILDS MOMENTUM IN CANADA |
Omgeo, the provider of post-execution trade management services, has announced that Connor, Clark & Lunn Financial Group (CC&L), a multi-boutique asset management firm, has signed on to Omgeo Central Trade Manager (Omgeo CTM).
|
| FUND AIM |
| London 28 April 08 | PRIME RATE LAUNCHES ISLE OF MAN FUND |
Prime Rate Capital Management today announces the launch of a specialist Isle of Man feeder fund to provide off-shore access to its UK based Qualifying Money Market funds.
|
| FUND STRUCTURE, ADMINISTRATION |
| London 12 May 08 | JUPITER LAUNCHES STRATEGIC BOND FUND |
Jupiter is to launch the Jupiter Strategic Bond Fund, which has a 7% target yield, on 2 June 2008.
|
| LEGAL + COMPLIANCE |
| Washington D.C. Apr 1 08 | SIFMA REPORTS ON TRANSATLANTIC FINANCIAL REGULATIONS |
As part of a coalition of 11 European and North American trade associations, the Securities Industry and Financial Markets Association (SIFMA) today released a report on improving cross-border financial services regulation.
|
| MARKET INFRASTRUCTURE |
| London 12 May 08 | CHINESE GROWTH POWERS RUSSIAN ECONOMY |
Baring Asset Management (Barings) believes that the Chinese urbanisation and infrastructure boom is powering growth in the Russian economy and that its demand for Russia’s substantial commodity base, both domestic and overseas, is set to continue.
|
| PEOPLE, MOVES |
| London 12 May 08 | STATE STREET: FOUR NEW LONDON APPOINTMENTS |
State Street Global Advisors (SSgA) has announced four new appointments across its relationship, sales and investment teams in London.
|
| SECURITIES FINANCING + LENDING |
| London March 31 08 | BUSH AND BROWN SET UP UK-US BANK REGULATORY BODY |
George W. Bush, US president, and Gordon Brown, UK prime minister, have agreed to set up a working group of senior regulatory and Treasury figures from the US and UK which will develop plans to monitor and regulate the banking system to deal with the crisis in the financial markets.
|
| TECHNOLOGY + STP |
| London 6 May 08 | MISYS HELPS ISLAMIC BANKER |
Misys, today announced that its core banking and trade services solutions have been selected by Masraf Al Rayan to build a true Islamic solution for its consumer and commercial customers.
|
