Jun 09, 2011

ALFI_logoThe Association of the Luxembourg Fund Industry (Alfi) is appointing Marc Saluzzi as its new president, a role which runs for two years, replacing Claude Kremer.

Jun 09, 2011

PensionersTwo Hertfordshire County Council pension schemes will be saving £1.6m over the next eight years after appointing the London Pension Fund Authority (LPFA) to run their administration and pensions payroll contract.

Jun 08, 2011

StateStreet_LogoAs part of its integration of the Intesa Sanpaolo (ISP) securities services business, State Street will be opening two new offices in Italy - the first step towards further European expansion.

Jun 07, 2011

Handshake_1Deutsche Bank's institutional asset management arm, DB Advisors, is buying some money market funds from Standard Life Investments, which is quitting the cash funds business a year after it was fined by the UK's Financial Services Authority (FSA) for misleading investors in the marketing material for one of its money market funds.

Jun 07, 2011

DWS_logoGermany, the post-financial crisis economic powerhouse of Europe, could see record highs in its DAX stock market this year, said Henning Gebhardt, head of European equities at DWS Investments, Deutsche Bank’s fund house.

Jun 06, 2011

peru_marketLatin America was the most popular emerging market for hedge fund activity as capital invested in vehicles focused on the region saw the largest percentage increase in the first quarter of the year.