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ITAS: power disrupts absolutely


26 February 2015 Luxembourg
Reporter: Stephanie Palmer

If fund managers want to hand more power to their clients then they must be prepared to make big changes, according to a speaker at the International Transfer Agency Summit...
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ITAS: transfer agents feeling taken-for-granted


26 February 2015 Luxembourg
Reporter: Stephanie Palmer

A majority of transfer agency professionals do not believe that their fund distributors care whether services are outsourced or not, according to a survey at the International Transfer Agency Summit in Luxembourg...
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Silverfinch to aid in Solvency II compliance


26 February 2015 London
Reporter: Becky Butcher

Silverfinch has been appointed by Franklin Templeton Investments to handle the “huge quantity” of look-through data requests the firm has said it expects to receive from its insurer clients as a result of Solvency II...
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Ingosstrakh insures NSD’s risks for $65 million


25 February 2015 Moscow
Reporter: Stephen Durham

National Settlement Depository (NSD), Russia’s central securities depository, and Ingosstrakh OJSIC, one of Russia's leading insurers, have concluded a one-year agreement for complex insurance...
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Carey Olsen opens BVI practice


25 February 2015 British Virgin Islands
Reporter: Becky Butcher

Carey Olsen has launched a litigation and insolvency practice in the British Virgin Islands (BVI)...
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BNY Mellon re-thinks Q4 2014


19 February 2015 New York
Reporter: Stephanie Palmer

BNY Mellon has made adjustments to its Q4 2014 financial results in order to include an additional after-tax litigation expense of $598 million...
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€1.4b outflows for European mutual funds


18 February 2015 New York
Reporter: Stephanie Palmer

The European mutual funds industry saw net outflows of €1.4 billion from long-term mutual funds in December 2014...
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Societe Generale invests in GMEX


18 February 2015 Paris
Reporter: Stephanie Palmer

Societe Generale Prime Services has become the second minority investor in the Global Markets Exchange Group...
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95% of asset managers confident about 3-year growth


17 February 2015 London
Reporter: Stephanie Palmer

Asset management company CEOs expect revenue growth in the near future, with 88 percent feeling confident about growth in 2015, and 95 percent saying they are confident about the next three years...
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IOSCO to sign MOU with Russia


17 February 2015 Moscow
Reporter: Stephanie Palmer

The International Organisation of Securities Commissions will sign a multilateral memorandum of understanding with Russia, regarding interactions in the financial market...
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Kane SAC launches new ILS note programme


13 February 2015 Hamilton
Reporter: Stephanie Palmer

Kane SAC, a subsidiary of Kane, has announced the listing of its new Kane SAC – ILS note program on the Bermuda Stock Exchange...