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New paper urges full transparency from fund managers
27 May 2014
London

The Pensions Institute at Cass Business School has called for asset managers to reveal the full costs of their fund management business...

ESMA consults on MiFID reforms
22 May 2014
Paris

The European Securities and Markets Authority (ESMA) has launched the consultation process for the implementation of the revised Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR)...

Heritage to focus on five key businesses
22 May 2014
Guernsey

Following the sale of Heritage Insurance Management (HIM) to Artex Risk Solutions, Heritage Group has announced strategic growth plans for its financial services, insurance and management office businesses...

CalPERS states its beliefs
22 May 2014
California

The California Public Employees' Retirement System (CalPERS) board of administration has adopted a set of pension beliefs that articulate its views on public pension design, funding and administration...

Mixed results from SS&C indicators
21 May 2014
Connecticut

SS&C GlobeOp’s forward redemption indicator for May has shown notifications of 4.32 percent, up from 3.23 percent in April...

Faster settlement for international securities
20 May 2014
Brussels

A number of operators of European securities markets have announced that they will implement the migration to T+2 from T+3 for cash transactions and to T+1 from T+2 for repo transactions...

Land Securities chooses Citi
20 May 2014
London

Citi has been appointed by Land Securities Group, the UK’s largest commercial property company, as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) programme...

UK leads European hedge funds
19 May 2014
London

The majority of European hedge fund managers that have set up business in recent years have been in the UK, according to data from Preqin’s hedge fund analyst...

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